What was last year dividend per share

Assignment Help Finance Basics
Reference no: EM131733034

Question: Stock Splits. Suppose the company instead decides on a two-for-one stock split. The firm's 73-cent-per-share cash dividend on the new (postsplit) shares represents an increase of 10 percent over last year's dividend on the presplit stock. What effect does this have on the equity accounts? What was last year's dividend per share?

Reference no: EM131733034

Questions Cloud

Brennan be held liable for negligence : Based on this scenario, can Brennan's be held liable for negligence? Why or why not?
How the share repurchase is effectively the same : Share Repurchase. Suppose the company has announced it is going to repurchase $31,050 worth of stock instead of paying a dividend.
Evaluate current issues in project management : Evaluate current issues in project management and its application in business environment. Evaluate different tools and technique used in project management.
What is the preferred stock expected return : If preferred stock with an annual dividend of $10 b for $200, what is the preferred stock's expected return. Work would be appreciated?
What was last year dividend per share : Stock Splits. Suppose the company instead decides on a two-for-one stock split. The firm's 73-cent-per-share cash dividend on the new (postsplit) shares.
Prepare the necessary journal entries for lammel : Lammel delivers the windows on November 1, 2016. Required: Prepare the necessary journal entries for Lammel for November 1 and December 31
What ?are? some?obstacles? to?such ?relationships : Why ?are? strong? interpersonal? relationships? important? to ?businesses?? What ?are? some?obstacles? to?such ?relationships?
What is the rational for having different types of security : What is the rational for having different types of security
What will be the effect on the company eps : Stock Repurchase. Hodgkiss Corporation is evaluating an extra dividend versus a share repurchase. In either case, $9,065 would be spent.

Reviews

Write a Review

Finance Basics Questions & Answers

  Explain valuation of perpetual bond

Explain Valuation of perpetual Bond and In what respect is a perpetual bond similar to a non-growth common stock

  Taxable gross income of a newly married couple

Harriet and Harry are married and have a total gross income of $65,000. Their allowable deduction for adjusted gross income total $1,500 and they have of $4,400 of allowable itemized deductions. What are Harriet and Harry's taxable income and inco..

  How does the notion of risk and return govern financial

how does the notion of risk and return govern financial managers? what are the major assumptions of modern portfolio

  Compare shipment contracts with destination contracts

Compare and contrast shipment contracts with destination contracts. What does it mean to have an insurable interest in goods to cover risk of loss?

  Cash flow for dividend distributions to shareholders

1.) How should this company use its free cash flow for dividend distributions to shareholders or repurchasing of stock?

  Find the price of a call option on the stock

Round your answer to the nearest cent. Assume a 365-day year. Do not round your intermediate calculations.

  Calculate the debt ratio before and after the reorganization

If you are a common stockholder of Novotech, would you vote in favor of the reorganization? Why or why not?

  Program management-acquisition and evaluation

Define Program Management (within the DoD) and list three traits of an effective program manager. What are Acquisition Categories (ACATs) and why is the Milestone Decision Authority (MDA) important?

  What is the motivation for a sale leaseback of the land

What is financial leverage? Why is a one-year measure of return on investment inadequate in determining whether positive or negative financial leverage exists?

  Determining the incremental revenues

a. How much are the incremental revenues associated with the special order? b. How much are the incremental costs associated with the special order? c. How much additional profit or loss will be incurred if the order is accepted AND should it accept ..

  Discuss the knowledge of research principles

Since this assessment is written in report format, it needs to be presented in professional layout, including: title page, executive summary, table of contents.

  Further assume that the expected return is the same for

assume that an investor is offered a choice of a risk free government bond or a high risk corporate stock. further

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd