FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Corp. had additions to retained earnings for the year just ended of $372161. The firm paid out $175463 in cash dividends, and it has ending

Corp. had additions to retained earnings for the year just ended of $372161. The firm paid out $175463 in cash dividends, and it has ending total equity of $4287525. The company currently has 150,000 shares of common stock outstanding. What are dividends per share? (round 4 decimal places)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Advanced Bond Portfolio Management

Advanced Bond Portfolio Management

Authors: Frank J. Fabozzi, Lionel Martellini, Philippe Priaulet

1st Edition

0471678902, 9780471678908

More Books

Students also viewed these Finance questions

Question

★★★★★
Explain why the modulus of elasticity of simple thermoplastic polymers, such as polyethylene and polystyrene, is expected to be very low compared to that of metals and ceramics.

Answered: 1 week ago

Question

★★★★★
Calculate the net marketing contribution (NMC), marketing return on sales marketing ROS), and marketing return on investment (marketing ROI). Was the campaign successful? Refer to Marketing...

Answered: 1 week ago

Question

★★★★★
2. In what way can spanking be a form of positive punishment? Positive reinforcement?

Answered: 1 week ago

Question

★★★★★
On January 1, 2010, Cayce Corporation acquired 100 percent of Simbel Company for consideration paid of $126,000, which was equal to fair value. Cayce is a U.S.-based company headquartered in Buffalo,...

Answered: 1 week ago

Question

★★★★★
Garland Company Trial Balance May 31, 2014 Debit Credit Cash 5,017 Accounts Receivable 2,790 Prepaid Insurance 806 13,167 Equipment Accounts payable 5,667 Unearned Service Revenue 666 12,867 Share...

Answered: 1 week ago

Question

★★★★★
An electronic device has lifetime denoted by T. The device has value V = 5 if it fails before time t = 3; otherwise, it has value V = 2T. Find the cdf of V, if T has pdf fr(t)--e-t/(15) 1.5

Answered: 1 week ago

Question

★★★★★
This is for a C++ class, and I'm supposed to figure out what the problem is with this "Dairy" resource file. I can tell its something with the pop and pushback and adding something to the vector of...

Answered: 1 week ago

Question

★★★★★
With complete solution please and explanation. Management of the New Fangled Soft drink Company believes that the probability of a customer purchasing Red Pop or the company's major competition,...

Answered: 1 week ago

Question

★★★★★
4. By using the "Virtual Work" principle; determine the slope of point A of the below given beam. E=29 x 106 Psi A 400 lb 400 lb-ft La B IC -8 ft- 4 ft 3 in. 6 in. Section a a

Answered: 1 week ago

Question

★★★★★
Use Each given circle O. Find the indicated measures 11. mZA 12. mZE GJM-M (2x+12) E (4x-8) E-(4x-8)8800 D AN is a diameter. O AWAY Exm J

Answered: 1 week ago

Question

★★★★★
Misusing Forensics Tools Your research on the kinds of tools necessary to conduct the proper forensics investigations has convinced you of the power of these tools. It will be essential to provide...

Answered: 1 week ago

Question

★★★★★
Contrast the level of security in a hotel that uses a hard-key system with that in a hotel that uses an electronic key or smart card system

Answered: 1 week ago

Question

★★★★★
What reward policy would you suggest to the university?

Answered: 1 week ago

Question

★★★★★
Based on the data collected by the HR Department, what reward problems exist at Cordaval University?

Answered: 1 week ago

Question

★★★★★
Does the proposal to pay higher salaries to one particular group of teaching staff impact positively or negatively on the strategic plan? Explain your answer.

Answered: 1 week ago

Previous Question Next Question