Emerson Inc

question 6

Multiple Choice

Emerson Inc.'s would like to undertake a policy of paying out 45% of its income.Its latest net income was $1,250,000, and it had 225,000 shares outstanding.What dividend per share should it declare?

• A) $2.14
• B) $2.26
• C) $2.38
• D) $2.50
• E) $2.63

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Definitions:

Cognitive Development

The process by which one becomes an intelligent person.

William Perry

An American educator and psychologist known for his theory of intellectual and ethical development in college students.

Dualism

A philosophical concept that posits the existence of two fundamental principles, often contrasting, such as mind and body or good and evil.

Cognitive Development

The process of growth and change in intellectual capabilities, influencing a person's ability to learn, memorize, and solve problems.