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Assistance with verifying the answer showing work is greatly appreciated. Home Inc. declared dividends of $450,000 for the year. Home had 8,500,400 shares outstanding at
Assistance with verifying the answer showing work is greatly appreciated.
Home Inc. declared dividends of $450,000 for the year. Home had 8,500,400 shares outstanding at the time of the dividend. It declared a net income of $1,500,000 for the period. It has total assets of $15,500,000. The dividends per share for Home Inc. isStep by Step Solution
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