Question
1) Last year the bulls business bureau (BBB) retained $400000 of the R1million net generated income. This year BBB generated net income equal to $12
1) Last year the bulls business bureau (BBB) retained $400000 of the R1million net generated income. This year BBB generated net income equal to $12 million. If BBB follows the constant pay out ratio dividend policy, how much should be paid in dividends this year?
2) Last year VW earned $15million and it paid $6 million in dividends. The company follows the constant pay out ratio dividend policy. If the company would like to pay $8 million in dividends next year how much must VW earn?
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Taxation Of Individuals And Business Entities 2015
Authors: Brian Spilker, Benjamin Ayers, John Robinson, Edmund Outslay, Ronald Worsham, John Barrick, Connie Weaver
6th Edition
978-1259206955, 1259206955, 77862368, 978-0077862367
