Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 01, 2024

Corporation paid dividends of $2 per share and had earnings per share of $8 in 2016. It has debt tax shields of $5 per share.

Corporation paid dividends of $2 per share and had earnings per share of $8 in 2016. It has debt tax shields of $5 per share. What is the dividend payout ratio?

A. 4

B. 0.4

C. 0.625

D. 0.25

E. None of the above

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

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

Step: 2

Step: 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

Recent Advances In Computational Finance

Authors: Nikolaos S. Thomaidis, Jr. Dash, Gordon H.

1st Edition

1626181233, 978-1626181236

More Books

Students also viewed these Finance questions

Question

★★★★★

A small business has been getting loans from a certain bank for several years and paying them off on time. One day the owner gets a call from the bank's trust department offering their services. What...

Answered: 1 week ago

Question

★★★★★

Give a formal encoding of directed graphs as binary strings using an adjacency matrix representation. Do the same using an adjacency-list representation. Argue that the two representations are...

Answered: 1 week ago

Question

★★★★★

=+4.10. 3.21 There is in the unit interval a set H that is nonmeasurable in the extreme sense that its inner and outer Lebesgue measures are 0 and 1 (see (3.9) and (3.10)): A,(H)=0 and A*(H)=1. See...

Answered: 1 week ago

Question

★★★★★

1. In government- wide financial statements, information about fiduciary funds should be presented in a discrete column to the right of the business- type activities. 2. In government- wide financial...

Answered: 1 week ago

Question

★★★★★

number of stores: year 5: 788 year 4: 700 year 3: 597 LO 4-1, LO 4-2, LO 4-3, LO 4-4 4.25 Calculating and Interpreting Profitability Ratios. Abercrombie & Fitch sells casual apparel and personal care...

Answered: 1 week ago

Question

★★★★★

Riley, Inc. sold a 20-ton mechanical draw press for $60,000.The old draw press cost $70,000 and had a book value of $55,000. Required: Prepare the journal entry to record the sale of the draw press....

Answered: 1 week ago

Question

★★★★★

An athlete runs a marathon, after which his muscles feel fatigued and unable to contract. The athlete asks the nurse why this happened. The nurse's response is based on the knowledge that the problem...

Answered: 1 week ago

Question

★★★★★

The Self - Appraisal Problem Leroy Washington, human resource director at Engel Products was faced with a problem that he had not experienced before and was uncertain how to proceed. The problem was...

Answered: 1 week ago

Question

★★★★★

3 7. JL. Industries Corp. is experiencing rapid growth. Dividends are expected to grow at 30 percent per year during the next three years, 18 percent over the following year, and then 8 percent per...

Answered: 1 week ago

Question

★★★★★

YOUR GM HAS CALLED YOU INTO THE OFFICE AND SHARED WITH YOU THAT YOUR HOUSEKEEPING AAA INSPECTION SCORE HAS FALLEN 5 POINTS BECAUSE OF CONSISTENCY ISSUES IN SERVICE AND THE HOTEL IS IN JEOPARDY OF...

Answered: 1 week ago

Question

★★★★★

Follow these steps for this discussion board: 1-Find an example of a business committing a tort (news article, law website, etc.). This could be from a court case or it may have been handled...

Answered: 1 week ago

Question

★★★★★

Spotlight Rsums is a complete rsum-writing service that assists in preparing rsums, applications to graduate schools, and cover letters. Scott Regis, the owner of Spotlight Rsums, has hired you to...

Answered: 1 week ago

Question

★★★★★

Write a letter asking them to refund your $1,500 down payment.

Answered: 1 week ago

Question

★★★★★

Technology. You are currently employed by the City of Silver Springs in the accounting department. One of your colleagues, Paul Armstrong, was recently diagnosed with a brain tumor and underwent...

Answered: 1 week ago

Previous Question Next Question