Question
A firm has a retention ratio of 40 percent, net income of $31.7 million, and 6.7 million shares outstanding. What would be the dividend per
A firm has a retention ratio of 40 percent, net income of $31.7 million, and 6.7 million shares outstanding. What would be the dividend per share paid out on the firm's stock?
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Principles of Managerial Finance
Authors: Chad J. Zutter, Scott B. Smart
15th edition
013447631X, 134476315, 9780134478197 , 978-0134476315
