Multiple Choice
Helmuth Inc's latest net income was $1,500,000,and it had 225,000 shares outstanding.The company wants to pay out 45% of its income.What dividend per share should it declare? Do not round your intermediate calculations.
A) $3.24
B) $2.31
C) $3.21
D) $2.28
E) $3.00
Correct Answer:
Verified
Correct Answer:
Verified
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