Angel Company would like to undertake a policy of paying out 45% of its income. Its latest net income was P1,250,000, and it had 225,000 shares outstanding. What dividend per share should Angel declare? * O P2.50 P2.14 O P2.38 P2.26 P2.63
Angel Company would like to undertake a policy of paying out 45% of its income. Its latest net income was P1,250,000, and it had 225,000 shares outstanding. What dividend per share should Angel declare? * O P2.50 P2.14 O P2.38 P2.26 P2.63
Chapter15: Dividend Policy
Section: Chapter Questions
Problem 11P
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