This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: GNB Inc. sets its dividend using the target payout model. Using the data in the table, below, ... (Read 39 times)

Alainaaa8

  • Hero Member
  • *****
  • Posts: 576
on: Apr 25, 2021

Question 1

Gecko & Co. uses the residual dividend model to set its dividends. Selected financial information for Gecko is provided in the table below.

Selected Financial Information
Gecko & Co.
Net income$32 million
Investments$36.9314 million
Dividends per Share$0.40 
Shares Outstanding15.37 million
What is Gecko's capital structure weight for equity?
◦ 0.30
◦ 0.40
◦ 0.50
◦ 0.60
◦ 0.70

Question 2

GNB Inc. sets its dividend using the target payout model. Using the data in the table, below, calculate the dividend for Year 1.

Selected Financial Information
GNB Inc.
Dividend per share Year 0$1.446
Target Payout Rate35%
Earnings per share Year 0$3.50
Earnings per share Year 1$3.35
Adjustment factor0.15

◦ $1.296
◦ $1.397
◦ $1.436
◦ $1.438
◦ $1.446
Corporate Finance Online ¦ Eakins, McNally ¦ 2nd Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by Alainaaa8 on Apr 25, 2021

Ahernandez18

  • Sr. Member
  • ****
  • Posts: 361
Reply #1 on: Apr 25, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 64% of students answer this correctly


Alainaaa8

  • Member
  • Posts: 576
Reply 2 on: Apr 25, 2021
Wow, this really help

scikid

  • Member
  • Posts: 300
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

The U.S. Pharmacopeia Medication Errors Reporting Program states that approximately 50% of all medication errors involve insulin.

Did you know?

People with high total cholesterol have about two times the risk for heart disease as people with ideal levels.

Did you know?

Serum cholesterol testing in adults is recommended every 1 to 5 years. People with diabetes and a family history of high cholesterol should be tested even more frequently.

Did you know?

Carbamazepine can interfere with the results of home pregnancy tests. If you are taking carbamazepine, do not try to test for pregnancy at home.

Did you know?

Adult head lice are gray, about ? inch long, and often have a tiny dot on their backs. A female can lay between 50 and 150 eggs within the several weeks that she is alive. They feed on human blood.

Lynx-hare interactions have served as a model system for the study of the effects o Lynx-hare interactions have served as a model system for the study of the effects o
Cutaway Model of Earth Cutaway Model of Earth
Elementary particles included in the Standard Model Elementary particles included in the Standard Model
A model for initiation of E. coli DNA replication at oric A model for initiation of E. coli DNA replication at oric
Effect of “Moral Restraint” in the Malthusian Model Effect of “Moral Restraint” in the Malthusian Model
Data management questions Data management questions
Video: Mendel's pea plant, Pisum sativum experimental

For a complete list of videos, visit our video library