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if the number of shares outstanding is 1,000,000. the profit for the year is $150,000, and the firm paid dividends of $50,000. the dividend per share is O a. 34% O b. 3 O c. 5% O d. 15%

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter12: Fainancial Statement Analysis

Section: Chapter Questions

Problem 38MCQ

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Question

if the number of shares outstanding is 1,000,000. the profit for the year is $150,000, and the firm paid dividends of $50,000. the dividend per share
is
O a. 34%
O b. 3
O c. 5%
O d. 15%

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