How much of dividend do these shareholders get to keep

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Reference no: EM131913846

1. JJ Inc just paid a dividend of $2.85 per share to its shareholders. All of JJ's shareholders are taxed at the rate of 33%. How much of the dividend do these shareholders get to keep?. $

Place your answer in dollars and cents without the dollar sign

2. E-Ticket System has just made a big announcement: The firm will split its stock 7-for-one (7:1). E-Ticket's current price per share is $20 per share, and there are 7000 shares outstanding. What is the share price after the announcement? $

Place your answer in dollars and cents without the dollar sign.

Reference no: EM131913846

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