Sallah Berhad had earnings before tax of RM1,000,000, and the average tax rate of 30 percent. There were 140,000 shares of common stock outstanding of the firm. The firm's retained earnings were 40 percent of its earnings after tax Calculate dividend per share (DPS) of the firm. 

 

 

Answer rating: 100% (QA)

Given Earnings before tax EBT RM1000000 Tax rate 30 N... View the full answer