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Evgen [1.6K]
3 years ago
3

A company pays a dividend of $0.40 per share. How much will Jackie be paid on the 13 shares of stock she owns?

Business
2 answers:
kati45 [8]3 years ago
6 0

Answer:

$5.2

Explanation:

Dividends are rewards either in cash of share stocks that companies pay to their respective shareholder on the basis of numbers of shares held in the investment.

To qualify for dividends , shares must have been acquired before the ex dividend date.

Dividend payout is calculated by multiplying the no of shares with the dividend per share.

In this case , the dividend is $0.40*13 = $5.2

USPshnik [31]3 years ago
5 0

13÷0.40=33.5 but i dont ver paid for the halp so u only get 32

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Answer:

Earning per share = 2.166

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Explanation:

Common stock outstanding at end =  Shares outstanding  (open) +Shares issued.

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a.)we know that earning per share =<u> net income - preference dividend</u>

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                                          =  ( N#1)    <u>135000  -      5000</u>

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                                          =  2.166 earning per share

(N#1):To calculate net income we will need statement of changes in equity,Suppose par value of shares  = $10,

we have Beginning equity + net income - Dividend = Equity (end)

      Net Income = 600000+35000-500000

    Net income = 135000

b.) Price earning =  <u>Market value per share </u>  =   <u>22   </u>    =  10.15

                                Earning per share                2.166

c.) Times interest earned =<u> Income before interest and taxes</u> or EBIT

                                              Interest expense

  EBIT = 135000

                                  =     135000 /  25000  = 5.4 times

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Answer:

$300

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