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Question
O'Hara's Market has net income of $1.6 million and 525,000 shares of stock outstanding. What is the amount of the dividends per share if the plowback ratio is 60 percent?A. $0.94
B. $1.07
C. $1.22
D. $1.67
E. $1.98
Answer
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Related questions
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Which one of the following statements regarding an original issue $25,000 GNMA bond is correct?
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