1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
kirza4 [7]
3 years ago
13

For the year ended December 31, 2019, a company reported earnings per share of $1.95 and cash dividends per share of $0.30. Duri

ng 2020, the company had a 3-for-2 stock split. In the annual report for the year ended December 31, 2020, earnings per share and cash dividends for 2019 would be reported, respectively, as ___________.
Multiple Choice:
a. $1.30 and $0.20
b. $1.95 and $0.30
c. $2.91 and $0.45
d. $0.65 and $0.10
Business
1 answer:
Ainat [17]3 years ago
8 0

Answer:

a. $1.30 and $0.20

Explanation:

Stock Split the number of outstanding shares in the revised ratio. Nothing will be changed but the par value and numbers of outstanding shares as a result of stock split.

Total Earning will remain constant

So, Earning Per share will be as follow

It means earnings of 2 share will be distributed to 3

EPS = $1.95 x 2 / 3 = $1.30 per share

Dividend will remain constant

It means earnings of 2 share will be distributed to 3

So, dividend per share will be as follow

Dividend per share = $0.30 x 2 / 3 = $0.20 per share

You might be interested in
What is the present value of the following set of cash flows discounted at 10 per year?
Olegator [25]

The present value of the following set of cash flows discounted at 10 per year $104.18

<h3>What are the 3 kinds of cash flows?</h3>

There are three cash flow types that organizations should track and analyze to resolve the liquidity and solvency of the business: cash flow from operating movements, cash flow from investing activities, and cash flow from financing activities. All three are included on a company's cash flow statement.

<h3>What are cash flows illustrations?</h3>

Cash and cash matches include currency, petty cash, bank accounts, and other highly liquid, short-term assets. Examples of cash matches include saleable paper, Treasury bills, and short-term state bonds with adulthood of three months or less.

To learn more about cash flow, refer

brainly.com/question/735261

#SPJ4

3 0
2 years ago
Advantages of newspaper advertising
andreyandreev [35.5K]

Answer:

Can't be blocked by ad blocker. Lots of people will see the ad.

Explanation:

8 0
4 years ago
Read 2 more answers
Business plan are also called ROAD MAPS; it’s possible to travel without one, but it will only increase the likelihood of gettin
-BARSIC- [3]
It’s possible to travel without one, but it will only increase the likelihood of unorganisation, procrastination and no plans of what to do
3 0
3 years ago
Why are amazon stocks down today?
Artemon [7]

Answer:

.

Explanation:...

.

3 0
3 years ago
An organization in which there are a lot of formal rules, people are treated in animpersonal manner, jobs are carefully divided
andrezito [222]

Answer:

Theory X organization

Explanation:

McGregor defined it as this: an organization whose approach tend to have several strata of managers and supervisors to oversee and direct workers. A place where Authority is rarely delegated, and control remains firmly centralized. Managers are authoritarian and actively intervene to get things done.

7 0
3 years ago
Other questions:
  • Project P requires an investment of 4000 at time 0. The investment pays 2000 at time 1 and 4000 at time 2. Project Q requires an
    13·1 answer
  • __________ refers to exploiting a distinctive competence or improving internal efficiency for competitive advantage.
    9·1 answer
  • During its first year of operations, Bramble Corp. had these transactions pertaining to its common stock. Jan. 10 Issued 25,200
    7·1 answer
  • You”ve decided that you want to get your household budget under control so you can increase the proportion of money you devote t
    8·2 answers
  • New balance has many offerings. it makes the minimus line of shoes with a vibram outsole and revlite cushioning for those who wa
    9·2 answers
  • If you try not to spend more than _______ minutes with each new contact, you can network easily and successfully through a large
    7·1 answer
  • Jump Corporation has $2,500,000 of short-term debt it expects to retire with proceedsfrom the sale of 85,000 shares of common st
    5·1 answer
  • ____________the market school aruges that forward exchange rates do the best possible job for forecasting future spot exchange r
    12·1 answer
  • Wade Company estimates that it will produce 6,000 units of product IOA during the current month. Budgeted variable manufacturing
    6·1 answer
  • Sensitivity analysis measures: Group of answer choices Changes in the depreciation tax shield over the life of the project Chang
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!