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Emerson Inc.'s would like to undertake a policy of paying out 45% of its income. Its latest net income was $1,385,000, and it had 225,000

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Emerson Inc.'s would like to undertake a policy of paying out 45% of its income. Its latest net income was $1,385,000, and it had 225,000 shares outstanding. What dividend per share should it declare? Select the correct answer. O a $2.29 O b. 52.77 O c. $2.61 O d. $2.45 e $2.93

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