Question
If Jimmy Pesto has 5 million shares outstanding, operating income (EBIT) of $33.88 million, and interest expenses of $2.4 million, what is Jimmy Pesto's dividend
If Jimmy Pesto has 5 million shares outstanding, operating income (EBIT) of $33.88 million, and interest expenses of $2.4 million, what is Jimmy Pesto's dividend payout ratio, given that the dividend per share is $2.64? Assume a marginal tax rate of 28%.
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Health Care Finance Basic Tools For Nonfinancial Managers
Authors: Judith J. Baker, R.W. Baker, Neil R. Dworkin
5th Edition
1284118215, 978-1284118216
