Question
if Ali Co. has common share ( $ 0.25 par value) $100,000. the market value per share is $ 2. the company generates net income
if Ali Co. has common share ( $ 0.25 par value) $100,000. the market value per share is $ 2. the company generates net income as $ 40,000 and dividends announced is $ 10,000. the dividends pay-out ratio is
a.
8 times
b.
50%
c.
25%
d.
4 times
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Foundations Of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
11th Canadian Edition
1259024970, 978-1259265921
