DD&L Has a Market Value Equal to Its Book Value,excess

question 75

Multiple Choice

DD&L has a market value equal to its book value,excess cash of $400,other assets of $7,600,equity of $8,000,200 shares of stock outstanding,and net income of $900.The firm has decided to pay out all its excess cash as a cash dividend.What will be the earnings per share after the dividend is paid?

• A)$4.68
• B)$4.74
• C)$4.59
• D)$4.80
• E)$4.50

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Definitions:

Organizational Culture

The shared values, beliefs, and norms that shape the social and psychological environment of a business organization.

Workplace Behavior

The range of actions and interactions of individuals within an organization, influenced by the corporate culture and individual attributes.

Organizational Stories

Narratives shared among members of an organization that encapsulate its values, history, and culture, serving to communicate norms and inspire employees.

Organizational Culture

refers to the shared values, beliefs, ethics, and practices that characterize an organization and guide its members.