Question
A corporation earned $542 million last year and paid out 20 percent of earnings in dividends. a) by how much did the company's retained earnings
A corporation earned $542 million last year and paid out 20 percent of earnings in dividends. a) by how much did the company's retained earnings increase? (enter the answer in millions) b) With 100 million shares outstanding and a share price of $140, what is the dividend yield?
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Financial Management Theory And Practice
Authors: Prasanna Chandra
9th Edition
9339222571, 978-9339222574
