menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Fundamentals of Financial Management
  4. Exam
    Exam 4: Analysis of Financial Statements
  5. Question
    Helmuth Inc's Latest Net Income Was $1,250,000,and It Had 225,000
Solved

Helmuth Inc's Latest Net Income Was $1,250,000,and It Had 225,000

Question 65

Question 65

Multiple Choice

Helmuth Inc's latest net income was $1,250,000,and it had 225,000 shares outstanding.The company wants to pay out 45% of its income.What dividend per share should it declare?


A) $2.14
B) $2.26
C) $2.38
D) $2.50
E) $2.63

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q3: The advantage of the basic earning power

Q28: The inventory turnover ratio and days sales

Q49: If a firm's ROE is equal to

Q54: The operating margin measures operating income per

Q61: Exhibit 4.1<br>The balance sheet and income statement

Q63: The days sales outstanding tells us how

Q64: Which of the following statements is CORRECT?<br>A)Borrowing

Q67: Other things held constant,the more debt a

Q68: A new firm is developing its business

Q70: Exhibit 4.1<br>The balance sheet and income statement

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines