Moving to the next question prevents changes to this answer. Question 11 of 60 Question 11...

Transcribed Image Text:

Moving to the next question prevents changes to this answer. Question 11 of 60 Question 11 2 points Save A firm has a market value equal to its book value. Currently, the firm has excess cash of R400 000 and other assets of R7 600 000. Equity is worth R8 000 000. The firm has 200 000 shares of stock and net income of R900 000. The firm has decided to pay out all of its excess cash as a cash dividend. What will the earnings per share be after the dividend is paid? O R4.50 O R0.45 O R3.80 R2.50 A Moving to the next question prevents changes to this answer. I a hp W Question 11 of 60 ENG INTL 20 Moving to the next question prevents changes to this answer. Question 11 of 60 Question 11 2 points Save A firm has a market value equal to its book value. Currently, the firm has excess cash of R400 000 and other assets of R7 600 000. Equity is worth R8 000 000. The firm has 200 000 shares of stock and net income of R900 000. The firm has decided to pay out all of its excess cash as a cash dividend. What will the earnings per share be after the dividend is paid? O R4.50 O R0.45 O R3.80 R2.50 A Moving to the next question prevents changes to this answer. I a hp W Question 11 of 60 ENG INTL 20