Papa Roach Exterminators, Inc., has sales of $432,000, costs of $210,000, depreciation expense of$25,000, interest expense of
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Papa Roach Exterminators, Inc., has sales of $432,000, costs of $210,000, depreciation expense of$25,000, interest expense of $8,000, and a tax rate of 35 percent. The firm paid out $65,000 in cash dividends. The firm had 30,000 shares of common stock outstanding. What are the dividends per share?
Related Book For
Basic Finance An Introduction to Financial Institutions, Investments and Management
ISBN: 978-1285425795
11th Edition
Authors: Herbert B. Mayo
Posted Date: