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The board of patto co decides to pay 003 shares of stock to

The board of Patto Co decides to pay 0.03 shares of stock to the holders of each share of common stock such that the holder of 1,00 shares of stock would receive 30 shares of stock.

A. If Patto had net income for the year of $8,000,000 and 24,000,00 shares of common stock outstanding before the stock dividend, what are the firm's earnings per share?

b. After the stock dividend,what are the firm's earning per

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Finance Basics: The board of patto co decides to pay 003 shares of stock to

Reference No:- TGS0612724

Have a Question? (oR Write a Review)

Recent Questions Asked Finance Basics

Q : Prove the validity of the simple rule for finding 2s

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Ask an Expert for Answer!!

Finance Basics: The board of patto co decides to pay 003 shares of stock to

Reference No:- TGS0612724

Recent Questions Asked Finance Basics

Q : Prove the validity of the simple rule for finding 2s

Q : An rlc circuit has a resistor of 300 w a 10 microf

Q : Based on the npv analysis should firm xyz purchase this new

Q : Draw lewis structure and identify the reacant acting as an

Q : The board of patto co decides to pay 003 shares of stock to

Q : It is said that galileo discovered a basic principle of the

Q : A voltage source 100angle 0 degrees is in series with a 200

Q : That concentration g ml should be prepared with a

Q : Determine the degree of unsaturation of an organic compound

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