Question

revenues $14,549,000,000 cost of good sold $8,347,500,000 operating/other expenses $3,841,000,000 interest expense $74,000,000 taxes 40% number...

revenues $14,549,000,000

cost of good sold $8,347,500,000

operating/other expenses $3,841,000,000

interest expense $74,000,000

taxes 40%

number of shares 716,296,296

Dividends Payout Ratio 40%

Calculate

a. Earning per share

b. Dividend per share

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Homework Answers

Answer #1
revenue 14,549,000,000
less: cost of goods sold (8,347,500,000)
Gross profit 6,201,500,000
less: operating expenses (3,841,000,000)
less: interest expense (74,000,000)
Earnings before taxes 2,286,500,000
less: taxes @40% (914,600,000)
net income 1,371,900,000
net income 1,371,900,000
dividends (40%*1,371,900,000) 548,760,000

a. Earnings per share = net income/ number of shares.

=>1,371,900,000 / 716,296,296

=>$1.92

b.dividend per share =548,760,000 / 716,296,296

=>$0.77.

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