From the income statement, the corporation had a net income of $724 million for the year. Total dividends were $106 million. There were 400 milion shares outstanding. How much is the earnings per share?
Homework Answers
Earnings per share (EPS) = Net Income/ Share outstanding.
EPS = 724/400
EPS = 1.81
Answer. c. 1.81
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From the income statement, the corporation had a net income of $724 million for the year.
There were 400 million shares outstanding. How much is the dividends per share?
From the income statement, the corporation had a net income of $724 million for the year. Total dividends were $106 million. There were 400 million shares outstanding. How much is the dividends per share?
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following questions are separate from each
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a. If the marginal principle of retained earnings
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b. If the firm simply uses a payout ratio of 30
percent of net income, how much in total cash dividends will be
paid? (Enter your answer in millions and...
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