|The following table represents the earnings history over the last five years. Year EPS ( R) 2015 2014 2 2013 3 2012 1 2011 -1 Additional information provided: Payout per share Firm pays additional 0,3787505 0,92122242 if EPS exceeds 3 Determine the total dividends paid in 2012 and 2014. Answer 2012 1 2014
|The following table represents the earnings history over the last five years. Year EPS ( R) 2015 2014 2 2013 3 2012 1 2011 -1 Additional information provided: Payout per share Firm pays additional 0,3787505 0,92122242 if EPS exceeds 3 Determine the total dividends paid in 2012 and 2014. Answer 2012 1 2014
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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![Question 3
The following table represents the earnings history over the last five years.
EPS ( R)
Year
2015
2014
2
2013
3
2012
1
2011
-1
Additional information provided:
Payout per share
0,3787505
Firm pays additional
0,92122242 if EPS exceeds 3
Determine the total dividends paid in 2012 and 2014.
Answer
2012
1
2014
1](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fc9594952-9602-4989-b5cd-c4ef685722e7%2F6849e852-7523-48ae-ad95-91b8a580fa5b%2Fv18dqx_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Question 3
The following table represents the earnings history over the last five years.
EPS ( R)
Year
2015
2014
2
2013
3
2012
1
2011
-1
Additional information provided:
Payout per share
0,3787505
Firm pays additional
0,92122242 if EPS exceeds 3
Determine the total dividends paid in 2012 and 2014.
Answer
2012
1
2014
1
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