Answered step by step
Verified Expert Solution
Question
1 Approved Answer
JGS Co., a publicly listed company declared a dividend of P1.5/share. The company maintains its debt-to-equity ratio of 60% and have outstanding ordinary shares of
JGS Co., a publicly listed company declared a dividend of P1.5/share. The company maintains its debt-to-equity ratio of 60% and have outstanding ordinary shares of P1.2Million as of Dec 2022. Based on its market value per share, dividend yield ratio is 0.10. Assuming 25% of JGS Co. stocks was sold at P450,000, what was the market value per share used
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
Design And Analysis Of Experiments
Authors: Douglas C., Montgomery
5th Edition
978-0471316497, 0471316490
