Question
41 -At the start of the year, Herla Inc. had total shareholders' equity = $12,000. If net income during the year was a $200 loss,
41-At the start of the year, Herla Inc. had total shareholders' equity = $12,000. If net income during the year was a $200 loss, dividends paid = $400, and $1,000 was raised from the sale of new stock, what is the end of year value for total shareholders' equity?
Select one:
a. $12,400
b. $12,800
c. $10,060
d. $11,800
e. $13,200
42-A firm with net income of $500,000 pays 48% of net income out in dividends. If the firm has 150,000 shares of common stock outstanding, what is the dividend paid per share of stock?
Select one:
a. $1.60
b. $1.44
c. $3.33
d. $0.30
e. $1.73
-Just the correct Letter for each question, without any any any explanation at all, please! And I'll put a Like. But don't explain the answers -Just answer the questions if you're 100% sure about the correct answers, please!
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