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Home Q & A Board Other Fields Homework Help Business Accounting
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bravata bravata
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7 years ago
Serenity Sounds, Inc. reported the following for 2012:

Net sales:    $220,000
Net income:   $37,000
Market price per share of common stock:   $28.75
Dividends:    $4,100
Average number of shares of common stock outstanding:   10,000

What are the dividends per share for Serenity Sounds, Inc. (to the nearest cent)?
A) $4.10/share
B) $28.75/share
C) $0.41/share
D) $3.70/share
Textbook 
Financial Accounting

Financial Accounting


Edition: 3rd
Authors:
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antonio_johnantonio_john
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7 years ago
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More solutions for this book are available here
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Massachusetts Institute of Technology
-- Accounting

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bravata Author
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7 years ago
Correct Slight Smile TY
DAGINC
wrote...

Yesterday
Good timing, thanks!
Hellish Lover
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2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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