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

Author Question: A firm has $300 million of assets that includes $50 million of cash and 10 million shares ... (Read 92 times)

Zoey63294

  • Hero Member
  • *****
  • Posts: 539
on: Jul 9, 2019
A firm has $300 million of assets that includes $50 million of cash and 10 million shares outstanding.  The firm uses $30 million of its cash to pay dividends.  If an investor has 1000 shares, how many shares must he sell to create a homemade dividend of $3900.
◦ 50.5 shares
◦ 33.3 shares
◦ 60.3 shares
◦ 40.2 shares
Fundamentals of Corporate Finance ¦ Berk, DeMarzo, Harford ¦ 2nd Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by Zoey63294 on Jul 9, 2019

britb2u

  • Sr. Member
  • ****
  • Posts: 331
Reply #1 on: Jul 9, 2019
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 25% of students answer this correctly


Zoey63294

  • Hero Member
  • *****
  • Posts: 539
Reply #2 on: Jul 9, 2019
Thank you!


britb2u

  • Sr. Member
  • ****
  • Posts: 331
Reply #3 on: Jul 9, 2019
Always glad to help...


« previous next »
 

Did you know?

Vaccines cause herd immunity. If the majority of people in a community have been vaccinated against a disease, an unvaccinated person is less likely to get the disease since others are less likely to become sick from it and spread the disease.

Did you know?

About 80% of major fungal systemic infections are due to Candida albicans. Another form, Candida peritonitis, occurs most often in postoperative patients. A rare disease, Candida meningitis, may follow leukemia, kidney transplant, other immunosuppressed factors, or when suffering from Candida septicemia.

Did you know?

Most women experience menopause in their 50s. However, in 1994, an Italian woman gave birth to a baby boy when she was 61 years old.

Did you know?

The National Institutes of Health have supported research into acupuncture. This has shown that acupuncture significantly reduced pain associated with osteoarthritis of the knee, when used as a complement to conventional therapies.

Did you know?

In 2006, a generic antinausea drug named ondansetron was approved. It is used to stop nausea and vomiting associated with surgery, chemotherapy, and radiation therapy.

A soil surface crust that includes nitrogen-fixing, soil-enriching cyanobacteria. A soil surface crust that includes nitrogen-fixing, soil-enriching cyanobacteria.
Gently squeeze/milk the arm with twisting motion. With oil or lotion on hands, use gentle but firm ... Gently squeeze/milk the arm with twisting motion. With oil or lotion on hands, use gentle but firm ...
Food vs Cash: Which Is More Effective for Alleviating Hunger? Food vs Cash: Which Is More Effective for Alleviating Hunger?
U.S. Patents and Patents per Million Residents, 2010 U.S. Patents and Patents per Million Residents, 2010
Earth 150 Million Years Ago Earth 150 Million Years Ago
Video: hGH (protein synthesis, growth and development)

For a complete list of videos, visit our video library