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Find what was the dividend per share paid

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Problem 1: Eisenmenger Electronics, Inc. had a net profit of $624,000 for the year 2017. The firm's retained earnings account changed from $775,000 at the end of 2016 to $993,000 the end of 2017. There are 1,000,000 shares outstanding. What was the dividend per share paid in 2017, rounded to the nearest cent?

Reference no: EM132700418

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