Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Homework: Chapter 13 Graded Homework. Score: 0.67 of 1 pt & Problem 13.LO4.27 (similar to) Save 4 of 5 (4 complete) Hw Score: 43.33%, 2.17
Homework: Chapter 13 Graded Homework. Score: 0.67 of 1 pt & Problem 13.LO4.27 (similar to) Save 4 of 5 (4 complete) Hw Score: 43.33%, 2.17 of 5 pts E Question Heip Deiow. Cummins Inc. Selected Financial Information Stock Price EPS Dividends per share Payout Ratio Shares Outstanding $90 $7.79 $1.48 22.35% 150M a. Cummins is considenng a stock dividend of 5%. What will shares outstanding be ater the dividend? b Cummins is considering a stock di dend of 5% What will the stock price beafer the divider d Assuming no other changes ? C. Cummins is considenng a stock dividend of 5%. What will earnings-per-share be after the dividend? Tne snares or 5%. vvnat wm snares outstanong De arter tne arvaena, r cummins is conseering a stock avaena oros, outstanding after the dividend will be 157.50 millon. (Round to two decimal places.) b. Cummins is considering a stock dividend of 5%. What will the stock price be after the dividend (Assuming no other dividend of 5%, the stock price after the dividend wil be S 8d71 (Round to two decimal places) the dividend (Assuming no other changes)? if Cummins is considering a stock s is considering a stock dividend of 5%, the EPS will stock dividend of 5%, what wil earnings per-share be after the di dend? if Cu m n c. Cummins is considering a be (Round to two decimal places.)
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered 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