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

Author Question: Mega Corp. just raised its quarterly dividend from $0.45 per share to $0.475. On the day of the ... (Read 69 times)

vHAUNG6011

  • Hero Member
  • *****
  • Posts: 514
on: Apr 25, 2021

Question 1

Lazy Lightning Power Corp. manufactures, distributes, and services automotive parts and engines worldwide. Lazy's income statement for the year just ending is shown below. What was Lazy Lightning's dividend payout rate?


◦ 12.79%
◦ 13.07%
◦ 14.80%
◦ 17.50%
◦ 19.55%

Question 2

Mega Corp. just raised its quarterly dividend from $0.45 per share to $0.475. On the day of the announcement, the company's stock price rose by $2 from $50 to $52. Which of the following is NOT a good reason for the stock price increase?
◦ Mega's recent earnings had been increasing and the market inferred from the dividend that the earnings increases would not be reversed.
◦ The CEO of Mega is a big spender and the market inferred that the dividend increase would reduce his wasteful spending by reducing free cash flow.
◦ The market inferred that Mega's future sustainable earnings would be higher than it previously thought.
◦ The higher dividends increased the dividend tax shields.
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 vHAUNG6011 on Apr 25, 2021

okolip

  • Sr. Member
  • ****
  • Posts: 362
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


vHAUNG6011

  • Member
  • Posts: 514
Reply 2 on: Apr 25, 2021
Wow, this really help

dantucker

  • Member
  • Posts: 346
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Aspirin may benefit 11 different cancers, including those of the colon, pancreas, lungs, prostate, breasts, and leukemia.

Did you know?

The tallest man ever known was Robert Wadlow, an American, who reached the height of 8 feet 11 inches. He died at age 26 years from an infection caused by the immense weight of his body (491 pounds) and the stress on his leg bones and muscles.

Did you know?

In 1886, William Bates reported on the discovery of a substance produced by the adrenal gland that turned out to be epinephrine (adrenaline). In 1904, this drug was first artificially synthesized by Friedrich Stolz.

Did you know?

Urine turns bright yellow if larger than normal amounts of certain substances are consumed; one of these substances is asparagus.

Did you know?

In 2010, opiate painkllers, such as morphine, OxyContin®, and Vicodin®, were tied to almost 60% of drug overdose deaths.

Women who are monozygotic twins and have the same genes are more similar in their marital happiness Women who are monozygotic twins and have the same genes are more similar in their marital happiness
How to perform conversions between units with prefixes ranging from pico to mega How to perform conversions between units with prefixes ranging from pico to mega
People who share genes will often have similar body weights People who share genes will often have similar body weights
Cows being raised for beef are often confined to feedlots, where they may be treated with antibiotic Cows being raised for beef are often confined to feedlots, where they may be treated with antibiotic
Capital’s Share of Income in a Cross-Section of Countries Capital’s Share of Income in a Cross-Section of Countries
Traits Bacteria and Archaea Share Traits Bacteria and Archaea Share
Video: Insulin (glucose uptake by body cells), glycogenesis and lipogenesis

For a complete list of videos, visit our video library