Qa 07. Data table(Click on the icon here in order to copy the contents of the data table belowinto a spreadsheet.)Year2022202202020192018Earnings per share Year20172016201520142013$3.43$4.26$3.52$2.32$4.44PrintDoneEarnings per share$3.32$1.47$1.64- $1.04$0.85Xwithenesharnd wwith p Alternative dividend policies Over the last 10 years, a firm has had the earnings per share shown in thefollowing table:a. If the firm's dividend policy were based on a constant payout ratio of 40% for all years with positive earnings and 0%otherwise, what would be the annual dividend for 2019?b. If the firm had a dividend payout of $1.00 per share, increasing by $0.10 per share whenever the dividend payout fellbelow 50% for two consecutive years, what annual dividend would the firm pay in 2019?c. If the firm's policy were to pay $0.50 per share each period except when earnings per share exceed $3.00, when anextra dividend equal to 80% of earnings beyond $3.00 would be paid, what annual dividend would the firm pay in 2019?d. Discuss the pros and cons of each dividend policy described in parts a through c.+a. If the firm's dividend policy were based on a constant payout ratio of 40% for all years with positive earnings and 0%otherwise, the annual dividend for 2019 is $. (Round to the nearest cent.)Incorr

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Description: Qa 07. Data table(Click on the icon here in order to copy the contents of the data table belowinto a spreadsheet.)Year2022202202020192018Earnings per share Year20172016201520142013$3.43$4.26$3.52$2.32$4.44PrintDoneEarnings per share$3.32$1.47$1.64- $

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Data table (Click on the icon here in order to copy the contents of the data table below into a spreadsheet.) Year 2022 2021 2020 2019 2018 Earnings per share $3.43 $4.26 $3.52 $2.32 $4.44 Print Year 2017 2016 2015 2014 2013 Done Earnings per share $3.32 $1.47 $1.64 -$1.04 $0.85

Data table (Click on the icon here in order to copy the contents of the data table below into a spreadsheet.) Year 2022 2021 2020 2019 2018 Earnings per share $3.43 $4.26 $3.52 $2.32 $4.44 Print Year 2017 2016 2015 2014 2013 Done Earnings per share $3.32 $1.47 $1.64 -$1.04 $0.85

Financial Management: Theory & Practice

16th Edition

ISBN:9781337909730

Author:Brigham

Publisher:Brigham

Chapter7: Corporate Valuation And Stock Valuation

Section: Chapter Questions

Problem 18MC

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