-What Is the Expected Dividend Per Common Share?
A) $1

question 94

Multiple Choice

$\begin{array}{l}\text { The Dawson Corporation projects the following for the upcoming year: }\\\\\begin{array} { | l | r | } \hline \text { Earnings before Interest and Taxes } & \text { \$35 million } \\\hline \text { Interest Expense } & \text { \$5 million } \\\hline \text { Preferred Shares Dividends } & \$ 4 \text { million } \\\hline \text { Common Shares Dividend Payout Ratio } & 30 \% \\\hline \begin{array} { l } \text { Average Number of Common Shares } \\\text { Outstanding }\end{array} & 2 \text { million } \\\hline \text { Effective Corporate Income Tax Rate } & 40 \% \\\hline\end{array}\end{array}$
-What is the expected dividend per common share?

• A) $1.80.
• B) $2.10.
• C) $2.70.
• D) $3.90.

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Definitions:

Prosthesis

An artificial replacement of a missing body part.

Amputated Stump

The remaining portion of a limb after an amputation, which can be fitted with a prosthetic device or used for other functional or cosmetic purposes.

Artificial Part

A manufactured device used to replace a missing body part, such as limbs or joints, often called a prosthesis.

Healed

The process or result of recovering from an injury, disease, or emotional distress.