Business
Business, 13.12.2021 23:30, lilly420

Sterling Candy Shops, Inc., has a net income of $840,000 and retained earnings necessary to fund positive NPV projects of $500,000. If the company has 2,000,000 shares outstanding, how much in dividends per share should the company pay out according to the residual dividend model? A. $0.17 B. $0.24 C. $0.27 D. $0.15

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