Question: Dividends per Share Consider the following financial statement data for Hi-Tech Instruments: * $25.00 par value; 2,000,000 shares Calculate the company's dividend paid per share

Instruments: * $25.00 par value; 2,000,000 shares Calculate the company's dividend paid

Dividends per Share Consider the following financial statement data for Hi-Tech Instruments: * $25.00 par value; 2,000,000 shares Calculate the company's dividend paid per share of common stock. What was the dividend payout ratio? Note: Round answers to one decimal place, when appropriate (example: 0.0345555=3.5% )

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Consider the following financial statement data for Hi - Tech Instruments: For the Year Ended December 3 1 ( Thousands of Dollars, except Earnings per Share ) Sales revenue $ 2 2 0 , 0 0 0 Cost of...

Consider the following financial statement data for Hi - Tech Instruments: For the Year Ended December 3 1 ( Thousands of Dollars, except Earnings per Share ) Sales revenue $ 2 1 9 , 0 0 0 Cost of...

Debt - to - Equity Ratio Consider the following financial statement data for Hi - Tech Instruments: For the Year Ended December 3 1 ( Thousands of Dollars, except Earnings per Share ) Sales revenue $...

Gross profit percentage Consider the following financial statement information for Hi-Tech Instruments: 2020 (Thousands of Dollars, except Earnings per Share) Sales revenue $210,000 Cost of goods...

Quick Ratio Consider the following financial statement information for Hi-Tech Instruments: 2020 (Thousands of Dollars, except Earnings per Share) Sales revenue $504,000 Cost of goods sold 200,000...

calculate the company's quick ratio for 2020 Consider the following financial statement information for Hi-Tech Instruments: 2020 (Thousands of Dollars, except Earnings per Share) Sales revenue...

Please help with this accounting question and explain if possible. Thank you in advance. Gross profit percentage Consider the following financial statement information for Hi-Tech Instruments: 2020...

Accounts Receivable Turnover Consider the following financial statement information for Hi-Tech Instruments: 2020 (Thousands of Dollars, except Earnings per Share) Sales revenue $504,000 Cost of...

Consider the following financial statement information for Hi-Tech Instruments: 2020 (Thousands of Dollars, except Earnings per Share) Sales revenue $210,000 Cost of goods sold 125,000 Net income...

It is costly in both time and money to go to college. Does it pay off? According to the Census Bureau, the answer is yes. The average annual income (in thousands of dollars) of a household headed by...

Write a business profile for a large business in your town. You can use your imagination to supply details you might not know.

Accounts Receivable $ 1 , 7 0 0 Salaries Expense $ 7 0 0 Accounts Payable 1 , 2 0 0 Service Revenue 5 , 0 0 0 Cash 2 4 , 3 0 0 Supplies 1 , 9 0 0 Owner contribution during March 3 5 , 0 0 0 Truck 9 ,...

Case Study: Leadership Challenges in a Family Firm

=+Part 2 Create a single, simple message that could easily be transcreated, if not translated. Start with a universal or global truth that could work as the slogan for both audiences.

=+Part 3 Analyze the similarities and pay attention to the choice of: Language Images Colors Interactive activities

=+Part 3 Consider how you could adapt the campaign or create a new one that would be effective.