Managerial Accounting: The Cornerstone of Business Decision-Making
7th Edition
ISBN: 9781337115773
Author: Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher: Cengage Learning
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Chikage Inc's latest net income was $1,400,000, and it had 210,000 shares outstanding. The company wants to pay out 40.0% of its net income as dividends. What dividend per share should it declare? Do not round your intermediate calculations.
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