How much dividend per share was paid by the company during the year?

Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter12: Fainancial Statement Analysis
Section: Chapter Questions
Problem 38MCQ
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2:52 PM ě
0.1KB/s ll
78
00:39:06 Remaining
The following are selected data taken
from the records of ABC Company:
Income before tax
P200,000
40%
Income tax rate
Dividend payout ratio
0.80
Number of common shares
outstanding 10,000 shares
How much dividend per share was
paid by the company during the
year?
P9.60
O P6.40
O P16
O P15
20 of 20
Submit
Transcribed Image Text:4G+ 2:52 PM ě 0.1KB/s ll 78 00:39:06 Remaining The following are selected data taken from the records of ABC Company: Income before tax P200,000 40% Income tax rate Dividend payout ratio 0.80 Number of common shares outstanding 10,000 shares How much dividend per share was paid by the company during the year? P9.60 O P6.40 O P16 O P15 20 of 20 Submit
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