Helmuth Inc's latest net income was $1,500,000, and it had 225,000 shares outstanding. The company wants to pay out 45% of its income. What dividend per share should it declare? Do not round your intermediate calculations.
A. $3.24
B. $2.31
C. $3.21
D. $2.28
E. $3.00
Answer: E
You might also like to view...
An employee cannot be discharged because of his involvement in politics outside of work
Indicate whether the statement is true or false
Refer to the data on Expected Demand for Weston Gadgets, Inc. Based on the Hurwicz criterion, what is the payoff for the option to do nothing if you used the coefficient of realism of 0.6?
A. $46.00 million
B. $20.80 million
C. $43.20 million
D. $33.20 million
In the Team Leadership Model (TLM), the four process measures of effectiveness are good leverage points for fixing a problem.
Answer the following statement true (T) or false (F)
The Copy Department in the College of Business at State University provides photocopying services for both the Marketing and Economics Departments. The following budget has been prepared for the year. Available capacity6,000,000pagesBudgeted usage: Marketing3,600,000pagesEconomics1,800,000pagesCost equation$120,000 + $0.025per pageIf the Copy Department uses a dual rate for allocating its costs based on usage, how much cost will be allocated to the Economics Department?
A. $90,000. B. $85,000. C. $105,000. D. $120,000.