Assignment in FinMan

What is the amount of the dividend? - 10,000 * 5 = 50,000 3. Dividend Pay-out: Most Corporation had net income of Php800,000 in 2015. Earnings have grown at an 8% annual rate. Dividends in 2015 were Php300,000. In 2016, the net income was Php1,100,000. This, of course, was much higher than the typical 8% annual growth rate. It is anticipated that earnings will go back to the 8% rate in future years. The investment in 2016 was Php700,000. How much dividend should be paid in 2016 assuming: (a) stable dividend payout ratio of 25%? (b) stable peso dividend policy is maintained? (c) residual-dividend policy is maintained and 40% of 2016 investment is financed with debt? (d) the investment for 2016 is to be financed with 80% debt and 20% retained earnings? Any net income not invested is paid out in dividends. 4. Stock Split: The Simpson Company has 50,000 shares of common stock having a par value of Php12