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
The primary purpose of ________ is to encourage the expenditure of funds on research and development to create new products.
Firdavs [7]

I guess the correct option is D.

The primary purpose of patents and copyrights is to encourage the expenditure of funds on research and development to create new products.

8 0
3 years ago
NEED HELP WILL GIVE BRAINLIEST!!
mina [271]

Answer:

C

Explanation:

4 0
3 years ago
Read 2 more answers
Analyze how taxes or emissions standards could reduce the economic inefficiency that arises in a competitive market with a negat
OverLord2011 [107]
Let's analyze in the case of manufacturer's emission that cause polution

Usually, these pollution-producing companies are regulated to pay several amount of money in order to rehabilitate the environment that caused by their harmful material.

This is really inefficient , if they have to repair it, why allow them to destroy the environment in the first place ?

That's how emission standards could reduce the inefficiency
7 0
3 years ago
Theresa spends 2 hours working instead of watching tv with her friends. The opportunity cost to her of working is.
Mazyrski [523]

Theresa spends 2 hours running rather than watching tv with her friends. The opportunity cost to her of running is: the profits earned running per hour

The definition of an opportunity is a positive state of affairs for an effective outcome. An instance of an opportunity is a lunch meeting with a probable organization.

This opportunity will let you observe positive paths which lead toward reaching your desires and goals. If we want what is first-rate for our careers then taking an opportunity is important. possibilities assists individuals to expand work-associated capabilities allowing them to achieve efficient paintings inside our community. each community-based totally and facility-based totally talent improvement, employment, and schooling options are available. Possibilities are first-rate motivators because they promote innovation, dedication, and power. Even in industries with which an entrepreneur is surprised, particular opportunities for fulfillment are what makes enterprise exciting. entrepreneurs and commercial enterprise-owners alike ought to look for extra possibilities.

Learn more about opportunities here:brainly.com/question/1888324

#SPJ4

3 0
1 year ago
If a firm increases its dividend payout rate the: firm will have less cash available for new investment. Unselected firm’s sto
KengaRu [80]

Answer:

1. If a firm increases its dividend payout rate the: firm will have less cash available for new investment. True

2. Stock price will likely fall by the same percentage. False

3. Retention ratio will rise at the same rate. False

Explanation:

1. If a firm increases its dividend payout rate the: firm will have less cash available for new investment. This assertion is true because the company would be paying out a larger portion of earnings as dividends, hence the balance portion for new investment will be lower as a result.

2. Stock price will likely fall by the same percentage. This assertion is most unlikely because normally, if a particular stock is paying higher dividends investors will have high expectation and be willing to pay a higher price to buy a stock that pays high dividends

3. Retention ratio will rise at the same rate. This conclusion is also incorrect because pay out ratio and retention ratio have an inverse relationship. If more dividend is paid out, then less money is retained.

3 0
3 years ago
Other questions:
  • After a 3-year probationary period, career positions at Bayside Community College are fairly secure, even though the opportunity
    13·1 answer
  • 1. What was Karl Marx’s basic premise and belief?
    15·1 answer
  • What is the role of the Federal Deposit Insurance Corporation?
    8·1 answer
  • Prior to the financial meltdown, bond ratings agencies were accused of having _____ because they were paid by the organizations
    12·1 answer
  • 25
    7·2 answers
  • What is the main duty of the Federal Reserve?
    14·1 answer
  • What's is an example of decision making in college
    7·1 answer
  • Target Corporation prepares its financial statements according to U.S. GAAP. Target’s financial statements and disclosure notes
    6·1 answer
  • When firms face reduced demand for their goods and services during recessions, behavioral economics suggests that the firm shoul
    9·1 answer
  • Which type of marketing channel includes a retailer or other intermediaries in the delivery of goods and services to consumers?.
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!