Montreal Electronics Has the Following Data Available What Is the Dividend-Payout for Montreal Electronics in 2013? Has

question 40

Multiple Choice

Montreal Electronics has the following data available: $\begin{array}{lll}&2013&2012\\\text { Net Income } & \$ 90 & \$ 80 \\\text { Earnings Per Share } & \$ .45 & \$ .40 \\\text { Annual Common Dividends Per Share } & \$ .40 & \$ .20 \\\text { Closing Market Price Common Stock, } 12 / 31 & \$ 9.00 & \$ 6.00\end{array}$ What is the dividend-payout for Montreal Electronics in 2013? Has the dividend-payout increased or decreased since 2012?

• A)100%,increased
• B)89%,decreased
• C)89%,increased
• D)50%,increased
• E)50%,decreased

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Definitions:

Intravenous

A method of delivering fluids, medications, or nutrients directly into a vein through a needle or catheter.

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