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| Teaching Since: | May 2017 |
| Last Sign in: | 408 Weeks Ago, 4 Days Ago |
| Questions Answered: | 66690 |
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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
1. In 2008, Breaking News Company earned $15 million, and it paid $6 million in dividends. The company follows a constant payout ratio dividend policy. If the company would like to pay $8 million in dividends next year, how much must Breaking News earn?
2. After a 5-for-1 stock split the Swensen Company paid a dividend of $0.75 per new share, which represents a 9 percent increase over last year's pre-split dividend. What was last year's dividend per share?
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