Bulldogs Inc. has forecasted that its net income will be P400,000. The company has debt ratio of 30%. The dividend policy of the firm follows the residual dividend model. Bulldogs Inc. has an investment project amounting to P500,000. The number of issued and outstanding shares is 4,000. What is the dividends per share of Bulldogs Inc.?

Bulldogs Inc. has forecasted that its net income will be P400,000. The company has debt ratio of 30%. The dividend policy of the firm follows the residual dividend model. Bulldogs Inc. has an investment project amounting to P500,000. The number of issued and outstanding shares is 4,000. What is the dividends per share of Bulldogs Inc.?

EBK CONTEMPORARY FINANCIAL MANAGEMENT

14th Edition

ISBN:9781337514835

Author:MOYER

Publisher:MOYER

Chapter3: Evaluation Of Financial Performance

Section: Chapter Questions

Problem 13P

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