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 Outstanding 15.37 million
What is Gecko's capital structure weight for equity?
A) 0.30
B) 0.40
C) 0.50
D) 0.60
E) 0.70
E
Business
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Benefits of knowledge management include
A) reducing cost and risk. B) improved decision making. C) reduced cost of employee training. D) all of the above.
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McCoy paid a one-time special dividend of $3.40 on October 18, 2010. Suppose you bought McCoy stock for $47.00 on July 18, 2010, and sold it immediately after the dividend was paid for $63.52. What was your realized return from holding McCoy?
A) 4.24% B) 6.36% C) 33.91% D) 42.38%
Business