CFA Practice Question

There are 60 practice questions for this topic.

CFA Practice Question

DJO Inc. has 31,000 shares of stock outstanding with a market price of $15 per share. If net income for the year is $155,000 and the retention ratio is 80%, what is the dividend per share on DJO Inc.'s stock?

A. it is $1.25
B. it is $1.00
C. it is $1.89
Correct Answer: B

User Contributed Comments 3

User Comment
katybo 155.000*0.2/31.000=1
ljamieson I wish I could do every question in my head.
Bootstraper Mi2
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