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TEA [102]
2 years ago
15

Botanical Gardens Nursery has 7,500 shares of stock outstanding at a market price of $18 a share. The earnings per share are $1.

23. The firm has total assets of $384,000 and total liabilities of $146,000. Today, the firm is paying a quarterly cash dividend of $.22 a share. What will be the earnings per share after the dividend is paid if the tax rate on dividends is 15 percent?
a. $1.01
b. $1.04
c.$1.23
d. $1.17
e. $1.20
Business
1 answer:
Elena-2011 [213]2 years ago
6 0

Answer:

earning per share will not change as dividend is not deductible and will not affect the earning. Generally  dividend are liable to the recipient.

Explanation:

Given data:

shares of stock is 7500

market price of share is $18

earning is $1.23

total assets is 384,000

total liabilities is $146000

cash dividend is $.22 per share

earning per share will not change as dividend is not deductible and will not affect the earning. Generally  dividend are liable to the recipient.

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2 years ago
An investor owns 200 shares of a stock that has split 2 for 1. The investor will get the additional 200 shares by_______.
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Answer:

Explanation:

Given information

Number of shares owned = 200 shares

Split ratio = 2 for 1

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3 years ago
Match the tasks with the professionals who would complete them.
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3 years ago
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Answer:

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Explanation:

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