Tim Hortons paid 0 68 in dividends for each common share
Tim Hortons paid $0.68 in dividends for each common share outstanding during 2011. Use the total “Dividend payments to common shareholders” figure from the firm’s cash flow statement to determine how many shares (approximately) the company had outstanding in 2011. Compare this number to your answer from Practice Problem 42.

Dividend payments to common shareholders ......110.187

Membership TRY NOW
  • Access to 800,000+ Textbook Solutions
  • Ask any question from 24/7 available
  • Live Video Consultation with Tutors
  • 50,000+ Answers by Tutors
Relevant Tutors available to help