A firm has $400 million of assets that includes $40 million of cash and 12 million...

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A firm has $400 million of assets that includes $40 million of cash and 12 million shares outstanding. The firm uses $40 million of its cash to pay dividends. If an investor has 1000 shares, how many shares must she sell to create a homemade dividend of $4,900? A firm has $400 million of assets that includes $40 million of cash and 12 million shares outstanding. The firm uses $40 million of its cash to pay dividends. If an investor has 1000 shares, how many shares must she sell to create a homemade dividend of $4,900?

Answer rating: 100% (QA)

1 2 Total assets A 3 Shares outstanding 4 Cash 5 Dividend to be d... View the full answer