A business financial agency earned 90% of net income 90% of 2,500,000 baht of sales and there

Fantastic news! We've Found the answer you've been seeking!

Question:

A business financial agency earned 90% of net income 90% of 2,500,000 baht of sales and there are a total 10,000 of common shares. If the board wishes to pay out 95% of earnings in the form of dividends, how much dividends per share?

Related Book For answer-question

Foundations of Financial Management

ISBN: 978-1259024979

10th Canadian edition

Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta

See More Books

Posted Date: Apr 17, 2024 07:19 AM

See More Questions

This assignment requires you to complete the 2022 tax reporting for a fictional woman named Anna Smith. Question 1 T1 - step 4 - line 66 This is Anna's taxable income Answer: Question 2 T1 - step...
Phillips Rock and Mud is trying to determine the maximum amount of cash dividends it can pay this year. Assume its balance sheet is as follows: Assets Cash$ 386,000 Accounts receivable 836,000 Fixed...
Read the case study "Southwest Airlines," found in Part 2 of your textbook. Review the "Guide to Case Analysis" found on pp. CA1 - CA11 of your textbook. (This guide follows the last case in the...
A 12-year bond has an annual coupon rate of 9%. The par value of the bond is $1,000 and the bond has a yield to maturity of 7%. Which of the following statements is correct? If the market interest...
Use the definitions and the derivatives of sin() and cos() to check the derivatives of the other trigonometric functions, and to find their second derivatives. sec()
What do the antifraud provisions of the Uniform Securities Act provide for? Discuss in details.
Describe the various federal labor acts.
Donna Jamison, a 2003 graduate of the University of Florida with 4 years of banking experience, was recently brought in as assistant to the chairperson of the board of DLeon Inc., a small food...
Hot Chip will employ a manager in each of its outlets. These managers could use a broadly autocratic or democratic leadership style. Evaluate these two options and recommend which is the most...
For quicksort sorting method, draw the recursion tree for input <1,3,5,7>. At each node, draw the Partition function input and output. The pseudocode is given below. 1234 Partition (A, p, r) 1 x=A[r]...
The beam shown in Figure Q1(a) has a cross-sectional area in the shape of I-beam, Figure Q1(b). Determine the maximum bending stress that occurs in the beam at section In order to increase its...
Complete the model by filling in the blank cells before answering the question below. Answers should be rounded to the nearest whole number, comma separating 000s, NOT written in currency format. So...
(e) Find the volatility of the portfolio in (d). (f) Would anyone prefer stock A to the portfolio in (d)? Why or why not. Suppose that there are two assets: A and B. Asset A has expected return of...
Determine which of the below service lines are over budget, and which outpatient service lines are over budget after accounting for workload increases? How is the second of those two calculated?...
QUESTIONS 1. SCRPC uses notes to finance its working capital and its seasonal needs. Should the firm use its cost of notes in the measure of the cost of capital? 2. Estimate the firms after-tax cost...
Suppose that you are an expert in the principles of business leadership. You have been invited to present at a conference held for some of the top executives at fortune 500 companies. Your assigned...
Repeat the previous problem, but close the positions on September 20. Use the spreadsheet to find the profits for the possible stock prices on September 20. Generate a graph and use it to identify...
If $X_{t} \sim N\left(0, \sigma^{2} t ight)$ and $Y_{t}=e^{X_{t}}$, calculate the pdf of $Y_{t}$. Calculate $\mathbf{E}\left[Y_{t} ight]$ and $V\left(Y_{t} ight)$. Calculate the transition...
Let $B_{t}$ be a standard Brownian motion started at 0 . Use that for any function $f$ we have: \[\mathbf{E}\left[f\left(B_{t} ight) ight]=\frac{1}{\sqrt{2 \pi t}} \int_{-\infty}^{\infty} f(x)...
Let $X_{t}, t \geq 0$, be defined as \[X_{t}=\left\{B_{t} \mid B_{t} \geq 0 ight\}, \quad \forall t>0\] that is, the process has the paths of the Brownian motion conditioned by the current value...

A business financial agency earned 90% of net income 90% of 2,500,000 baht of sales and there

Question:

Expert Answer:

To calculate the dividends per share we need to fo... View the full answer

Foundations of Financial Management

Students also viewed these finance questions