Question
A corporation reports net income of $1,000,000. It reports earnings per share (EPS) of $2/share. If it paid dividends of $400,000, what was the dividend
A corporation reports net income of $1,000,000. It reports earnings per share (EPS) of $2/share.
If it paid dividends of $400,000, what was the dividend per share (DPS)?
| 1) | DPS = $0.40 | |
| 2) | DPS = $2.80 | |
| 3) DPS = $0.80 | ||
| 4) | DPS = $1.60 |
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Dave Ramseys Complete Guide To Money
Authors: Dave Ramsey
1st Edition
1937077209, 978-1937077204
