Interim systems has 15 million shares outstanding this year, Ask an Expert

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Interim systems has 1.5 million shares outstanding. this year interim will have operating (EBIT) of $18.2 million, interest expenses of $2.4 million, deprecation expenses of $3.1 million. What will be the dividend per share be if Interim's dividend payout ratio is 40%? Assume marginal tax rate of 40%.

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Financial Accounting, Accounting

Category:- Financial Accounting
Reference No.:- M91975172

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