Principles of Accounting Volume 1
19th Edition
ISBN: 9781947172685
Author: OpenStax
Publisher: OpenStax College
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Stock price
$57.00
Shares outstanding
11,656,000
Market cap
$664,392,000
Excess Cash
$106,560,000
Dividend per share
$9.14
![Dividend Policy and Retained Earnings
The year is 2002 and you are an investor in a company called
"Amazon." You are attending an annual shareholder meeting, where
their founder Jeff is talking about building warehouses all around the
country. The meeting progresses to the Q&A section and it's clear the
shareholders are not pleased with the lack of dividends so far. Listen
to their concerns and offer advice on Amazon's dividend policy.](https://content.bartleby.com/qna-images/question/e93880a1-8db3-471a-934a-050286604675/c27ea835-fd66-483f-b8da-4731b845232a/ewvh0e_thumbnail.png)
Transcribed Image Text:Dividend Policy and Retained Earnings
The year is 2002 and you are an investor in a company called
"Amazon." You are attending an annual shareholder meeting, where
their founder Jeff is talking about building warehouses all around the
country. The meeting progresses to the Q&A section and it's clear the
shareholders are not pleased with the lack of dividends so far. Listen
to their concerns and offer advice on Amazon's dividend policy.
![How would a one-time dividend affect
the value of Amazon stock if it were
announced today?
Materials on the right have been updated >>>
A one-time dividend would increase the
stock price today.
A one-time dividend would decrease the
stock price today.
A one-time dividend would not affect the
stock price today.
Stocl
Shar
Mark
Exce
Divid](https://content.bartleby.com/qna-images/question/e93880a1-8db3-471a-934a-050286604675/c27ea835-fd66-483f-b8da-4731b845232a/jbheyvn_thumbnail.png)
Transcribed Image Text:How would a one-time dividend affect
the value of Amazon stock if it were
announced today?
Materials on the right have been updated >>>
A one-time dividend would increase the
stock price today.
A one-time dividend would decrease the
stock price today.
A one-time dividend would not affect the
stock price today.
Stocl
Shar
Mark
Exce
Divid
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