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 58 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

TheNamesImani

  • Member
  • Posts: 334
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

More than 150,000 Americans killed by cardiovascular disease are younger than the age of 65 years.

Did you know?

By definition, when a medication is administered intravenously, its bioavailability is 100%.

Did you know?

Complications of influenza include: bacterial pneumonia, ear and sinus infections, dehydration, and worsening of chronic conditions such as asthma, congestive heart failure, or diabetes.

Did you know?

In the United States, congenital cytomegalovirus causes one child to become disabled almost every hour. CMV is the leading preventable viral cause of development disability in newborns. These disabilities include hearing or vision loss, and cerebral palsy.

Did you know?

The ratio of hydrogen atoms to oxygen in water (H2O) is 2:1.

Summary of US Census Data Summary of US Census Data
The posey bed care model The posey bed care model
Look at Table 4.2.2. Consumers learn that the rubber ducks wear out batteries quickly. As a ... Look at Table 4.2.2. Consumers learn that the rubber ducks wear out batteries quickly. As a ...
Opener Bronze sculpture of the Watson–Crick model for double-helical DNA Opener Bronze sculpture of the Watson–Crick model for double-helical DNA
Jia's Fashions recently paid a $2 annual dividend. The company is projecting that its ... Jia's Fashions recently paid a $2 annual dividend. The company is projecting that its ...
Type II curve. Mortality does not vary with age. Data for five-lined skink (Eumeces fasciatus). Type II curve. Mortality does not vary with age. Data for five-lined skink (Eumeces fasciatus).
Video: Neuron structure and function - sensory neurons, association neurons & motor neurons

For a complete list of videos, visit our video library