Question
Jensen Inc. has total equity of $60 billion and 643 million shares outstanding. Its ROE is 15.92%. The dividend payout ratio is 17.1%. Calculate the
Jensen Inc. has total equity of
$60
billion and
643
million shares outstanding. Its ROE is
15.92%.
The dividend payout ratio is
17.1%.
Calculate the company's dividends per share (round to the nearest penny).
The company's dividends per share is
$nothing.
(Round to the nearest cent.)
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Financial Management Theory And Practice
Authors: Prasanna Chandra
7th Edition
0070656657, 978-0070656659
