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MN company expects to generate the following net income. Year Net Income 1 4,000,000 2 6,000,000 3 8,000,000 The company currently has 1,000,000 shares outstanding
- MN company expects to generate the following net income.
Year | Net Income |
1 | 4,000,000 |
2 | 6,000,000 |
3 | 8,000,000 |
The company currently has 1,000,000 shares outstanding
- Determine earning per share in each year.
- Determine total dividend and dividend per share if a dividend pay out ratio of 50% is maintained.
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