jennylrice6412 jennylrice6412

06-06-2023
Business

contestada

Brown Corporation expects earnings of $2 million in year one, $2.3 million in year two, and $2.7 million in year three. If the firm wants to retain 40%, what is the dividend in year two? There are 1 million shares outstanding.
A. $0.92
B. $1.62
C. $1.08
D. $1.38

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