Question: Some multiple questions i need help with 1. The policy that determines how much cash a company will distribute to its shareholders is defined as
1. The policy that determines how much cash a company will distribute to its shareholders is defined as its a. corporate governance policy b. compliance policy c. disaster recovery policy d. dividend policy 2. If a company's earnings per share are $4.50 and its quarterly dividends are S0.375, what is the company's dividend payout ratio? a. 8.33% b. 12.33% c. 30.00% d. 33.33% 3. Apple had EPS of S8.33 last year and paid S2.28 in annual dividends. What was Apple's dividend payout ratio last year? a. 6.84% b. 16.71% c. 23.83% d. 27.37% 4. ABC Corp. had net income of $3,654,783,00 in 2016. If the company paid total cash dividends of $783,850,000, what was the dividend payout ratio? a. 17.67% b. 21.45% c. 24.53% d. 27.09% 5. MicroTech Industries currently has 160,000,000 shares outstanding and its stock price is S30. If the company declares a 4-for-1 stock split, what will be the new number of shares outstanding for the company? a. 40,000,000 b. 160,000,000 c. 320,000,000 d. 640,000,000 6. In the above question, what will be Microtech's stock price after the 4-for-1 stock split? a. S 7.50 b. S 15.00 c. S 30.00 d. $120.00 7. RST Corp. announces Mrs. Jones own 2,000 shares of the company, how many total shares will they own after they receive the stock dividend? a 7 percent stock dividend. If Mr. and a. 140
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