Question
Brown Corporation expects earnings of $2 million in year one, $2.3 million in year two, and $2.7 million in year three. If the firm wants
Brown Corporation expects earnings of $2 million in year one, $2.3 million in year two, and $2.7 million in year three. If the firm wants to retain 40%, what is the dividend in year two? There are 1 million shares outstanding.
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| A. | $0.92 |
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| B. | $1.62 |
|
| C. | $1.08 |
|
| D. | $1.38 |
The board of directors just announced a 2:3 stock split. If you own 350 shares, how many do you have after the split?
|
| A. | 233.33 |
|
| B. | 116.67 |
|
| C. | 525 |
|
| D. | 175 |
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Finance Your Business Secure Funding To Start Run And Grow Your Business
Authors: The Staff Of Entrepreneur Media
1st Edition
1599185970, 978-1599185972
