Question: this question must be entered in the excel format. So, D7/DF.... Suppose a firm has a retention ratio of 60 percent, net income of $36.5
Suppose a firm has a retention ratio of 60 percent, net income of $36.5 million, and 215 million shares outstanding. What would be the dividend per share paid out on the firm's stock? (Round your answer to 2 decimal places.) Retention ratio Net income Shares outstanding 60% 36,500,000 215,000,000 Complete the following analysis. Do not hard code values in your calculations. and do not round intermediate calculations, AAA998 Dividend per share
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