Multiple Choice
Bender Corporation had sales of $250,000 last year.They had operating costs of $100,000,an interest expense of $15,000,and had an average tax 32%.Assuming Bender wants to have a 60% payout ratio and has 1,000 shares outstanding,what is Bender's expected dividend per share?
A) $235.00
B) $102.00
C) $91.80
D) $55.08
Correct Answer:
Verified
Correct Answer:
Verified
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