Extruded Elements Extruded Elements Had Net Income of $25,000,000 Last Year, and Year

question 14

Multiple Choice

Extruded Elements
Extruded Elements had Net Income of $25,000,000 last year, and $26,250,000 this year (in line with its long-term earnings growth rate) . There are 4,000,000 shares outstanding, and the firm follows a policy of paying 30% of its earnings out as dividends
-What is Extruded Elements' expected dividend next year?

• A) $2.07 per share
• B) $1.97 per share
• C) $4.59 per share
• D) $4.82 per share

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Definitions:

Accelerometer

A technology in mobile devices to detect screen orientation and adapt what is shown onscreen for that viewing mode. A gyroscope measures and maintains that orientation.

Multimedia Device

An electronic device capable of handling various forms of content such as video, audio, text, and images to deliver an integrated multimedia experience.

Device Manager

A Windows program that views and configures hardware.

Game Controller

A device used to play games and control items or characters within the game.