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    Financial Management Concepts and Applications
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    Exam 11: Understanding Financing and Payout Decisions
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    Longneck Brewery Inc
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Longneck Brewery Inc

Question 13

Question 13

Multiple Choice

Longneck Brewery Inc.has net income of $3.00 per share and a dividend payout ratio of 35%.How large is the firm's per share dividend payment?


A) $1.05
B) $1.95
C) $1.50
D) $0.35

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