What dividend per share should declare

Assignment Help Financial Accounting
Reference no: EM132965133

Problem 1: Emerson Inc.'s would like to undertake a policy of paying out 45% of its income. Its latest net income was $1,485,000, and it had 225,000 shares outstanding. What dividend per share should it declare?

Select the correct answer.

a. $2.97
b. $3.13
c. $3.61
d. $3.29
e. $3.45

Reference no: EM132965133

Questions Cloud

How much interest would have to pay in the first year : How much interest would have to pay in the first year? Suppose you borrowed $45,000 at a rate of 10.0% and must repay it in 5 equal installments
What are the impacts on restaurants as a result of covid-19 : What are some of the challenges that employees of restaurants have been faced by the covid 19 pandemic
Manage a number of projects at once : Describe a time where you had to manage a number of projects at once. Next, discuss how you chose to assign your resources in order to complete them all (ie por
What is the net income of Oceanic Company : If the asset will revert back to the lessor and the fair value at the end of the lease term is P50,000, what is the net income(loss) of Oceanic Company
What dividend per share should declare : What dividend per share should it declare? Emerson Inc.'s would like to undertake a policy of paying out 45% of income. Its latest net income was $1,485,000.
Explain to a social responsibility strategy : Your finished submission must include the following minimum requirements:
Step of the risk management process : Question 1: please discuss the 9 step of the risk management process in detail and how to apply it in a given scenario when entering a new foreign market?
Calculate equivalent nominal annual rate compounded monthly : Calculate the equivalent nominal annual rate compounded monthly (j12). Give your answer as a percentage per annum to 3 decimal places.
Should the acting manager have cancelled the off-site work : Should the acting manager have cancelled the off-site work request - A manager gave a contract permission to work off-site because of family problems

Reviews

Write a Review

Financial Accounting Questions & Answers

  What two ratios measure factors that affect profitability

What two ratios measure factors that affect profitability? The ratio of profitability assesses the efficiency of the production process for a product sold

  Question - Financial Reporting and Analysis Case

Question - Financial Reporting and Analysis Case - How many of the company's common shares are outstanding at the end of the year

  Prepare the journal entry that power would record on january

On December 31, 20X6, the statements of financial position, Prepare the journal entry that Power would record on January 1, 20X7, related to this acquisition.

  Prepare the journal entry to record the sale of these bonds

Saddle Inc. issues $378,000, 10-year, 8% bonds at 98. Prepare the journal entry to record the sale of these bonds on March 1, 2014. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.)

  What would the return on investment be

The sales and marketing division estimates it can generate $1.64 million in annual sales, with a 10% profit margin. What would the return on investment be?

  Identify and explain the appropriate hedging strategy

Identify and explain the appropriate hedging strategy. How does the investor hedge risk without selling the portfolio? How does the lender reduce interest rate?

  What was the clinic dollar growth in assets

The clinic had 575,000 is assets and $380,000 in equity. What was the clinic's dollar growth in assets during 2015, and how was this growth financed?

  Calculate the cash conversion cycle for Fine Fashions

The business has annual sales of R9 million and its cost of goods sold is 70% of sales. Calculate the cash conversion cycle for Fine Fashions

  Compute the gain or loss on sale of machineries

The present value of 1 at 10% for three periods is 0.75 and the present value of annuity of 1 at 10% for three periods is 2.4869. Compute the gain or (loss)

  Determine the book value per share of Common Stock

The preferred stock was noncumulative and non-callable. Use this information to determine the book value per share of Common Stock as of end of the FY 2018

  Information related to plant assets natural resources and

information related to plant assets natural resources and intangibles at the end of 2010 for spain company is as

  What are the benefits of virtualization to an organization

What is virtualization. What options do managers have when determining how to satisfy the software needs of their companies

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd