Following are selected data taken from the records of Jemson Company: Income before tax = P200,000 Income tax rate = 40% Dividend payout ratio = 0.80 Number of common shares outstanding = 10,000 shares How much dividends per share did the company pay during the year? a. P9.60 b. P6.40 c. P16 d. P15

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3. Following are selected data taken from the records of Jemson Company:
Income before tax = P200,000
Income tax rate = 40%
Dividend payout ratio = 0.80
Number of common shares outstanding = 10,000 shares

How much dividends per share did the company pay during the year?
a. P9.60
b. P6.40
c. P16
d. P15

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