Question
Based on the following, what would a one-time dividend affect the value of Amazon stock if it was announced today? Stock price $49.00 Shares outstanding
Stock price $49.00
Shares outstanding 10,904,000
Market cap $534,296,000
Excess Cash $99,040,000
Dividend per share $9.08
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Financial Reporting and Analysis
Authors: Lawrence Revsine, Daniel Collins, Bruce Johnson, Fred Mittelstaedt, Leonard Soffer
7th edition
1259722651, 978-1259722653
