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katiemarie katiemarie
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A year ago

Which of the following statements is true?

  1. The dividend payout ratio is equal to the dividend per share divided by the earnings per share.
  2. All other things the same, if the company purchases equipment on credit, this transaction would have no impact on the company’s book value per share.


▸ Only statement I is true.

▸ Only statement II is true.

▸ Both statements are true.

▸ Neither statement is true.
Textbook 
Introduction to Managerial Accounting: Brewer Edition: 9e

Introduction to Managerial Accounting: Brewer Edition: 9e


Edition: 9th
Authors:
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fnc28304fnc28304
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A year ago
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katiemarie Author
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A year ago
Thanks
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I appreciate what you did here, answered it right Smiling Face with Open Mouth
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2 hours ago
Just got PERFECT on my quiz
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