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ABC Company has 100,000 shares of stock outstanding with a market price of $30 per share. If net income for the year is $600,000 and
ABC Company has 100,000 shares of stock outstanding with a market price of $30 per share. If net income for the year is $600,000 and the retention ratio is 80%, what is the dividend per share on the firms stock?
Select one: a. $14.8 b. $12.2 c. $1.2 d. $6.5
ABC Company has 100,000 shares of stock outstanding with a market price of $30 per share. If net income for the year is $600,000 and the retention ratio is 80%, what is the dividend per share on the firms stock?
Select one:
a. $14.8
b. $12.2
c. $1.2
d. $6.5
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The Sixth International Congress On Accounting 1952
Authors: Various
1st Edition
0367512807, 9780367512804
