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 95 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?

Common abbreviations that cause medication errors include U (unit), mg (milligram), QD (every day), SC (subcutaneous), TIW (three times per week), D/C (discharge or discontinue), HS (at bedtime or "hours of sleep"), cc (cubic centimeters), and AU (each ear).

Did you know?

A good example of polar molecules can be understood when trying to make a cake. If water and oil are required, they will not mix together. If you put them into a measuring cup, the oil will rise to the top while the water remains on the bottom.

Did you know?

Thyroid conditions may make getting pregnant impossible.

Did you know?

According to the CDC, approximately 31.7% of the U.S. population has high low-density lipoprotein (LDL) or "bad cholesterol" levels.

Did you know?

There are more bacteria in your mouth than there are people in the world.

Obstetrical sonography and fetometry. (a) The procedure is performed in a clinical setting. The inst Obstetrical sonography and fetometry. (a) The procedure is performed in a clinical setting. The inst
The cranium of early African H. erectus KNM-ER 3733 is nearly 1.8 million years old. The cranium of early African H. erectus KNM-ER 3733 is nearly 1.8 million years old.
Luna Park at Coney Island was a vast living theater in which strollers were both spectators and acto Luna Park at Coney Island was a vast living theater in which strollers were both spectators and acto
The remarkably complete skull of a 3-year-old Australopithecus girl; the fossil is 3.3 million ... The remarkably complete skull of a 3-year-old Australopithecus girl; the fossil is 3.3 million ...
Neck stretch. Rest the receiver’s head on the palm of your right hand, taking a firm hold on the ... Neck stretch. Rest the receiver’s head on the palm of your right hand, taking a firm hold on the ...
A company spends $117 500 today and has positive cash inflows of $34 000 for each of the next 6 ... A company spends $117 500 today and has positive cash inflows of $34 000 for each of the next 6 ...
Video: Digestive System Animation

For a complete list of videos, visit our video library