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? Dividend per Share - Excel FORMULAS DATA REVIEW - Sign In FILE HOME INSERT PAGE LAYOUT VIEW Paste - A Cells Editing B IU-

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? Dividend per Share - Excel FORMULAS DATA REVIEW - Sign In FILE HOME INSERT PAGE LAYOUT VIEW Paste - A Cells Editing B IU- Font Alignment Number Conditional Format as Cell Formatting* Table Styles Styles Clipboard G A1 A B Suppose a firm has a retention ratio of 60 percent, net income of $36.5 million, and 215 million shares outstanding. What would be the dividend per share paid out on the firm's stock? (Round your answer to 2 decimal places.) Retention ratio Net income Shares outstanding $ 60% 36,500,000 215,000,000 Complete the following analysis. Do not hard code values in your calculations, and do not round intermediate calculations. Dividend per share ... Sheet1 ... +

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