ABC, Corp. had an earnings of $7.5 million a year ago, with 1 million shares outstanding....

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Question

ABC, Corp. had an earnings of $7.5 million a year ago, with 1 million shares outstanding....

ABC, Corp. had an earnings of $7.5 million a year ago, with 1 million shares outstanding. How much dividend ABC, Corp. paid out last year if it plowed back 40% of its earnings?

$7.50
$3.75
$4.50
$3.00

business finance

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Answer 1

Answer #1

Dividend paid = $3.00 (7.5*0.4)/1

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Answer 2

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ABC, Corp. had an earnings of $7.5 million a year ago, with 1 million shares outstanding....

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ABC, Corp. had an earnings of $7.5 million a year ago, with 1 million shares outstanding....

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A company had 2 million common shares outstanding throughout the last year. Total dividends of $1...

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ABC, Corp. had an earnings of $7.5 million a year ago, with 1 million shares outstanding....

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Add Answer to: ABC, Corp. had an earnings of $7.5 million a year ago, with 1 million shares outstanding....

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ABC, Corp. had an earnings of $7.5 million a year ago, with 1 million shares outstanding....