Problemafter a 4-for-1 stock split perry enterprises paid a, Ask an Expert

Accounting

Problem:

After a 4-for-1 stock split, Perry Enterprises paid a dividend of $1.10 per new share, which represents a 4% increase over last year's pre-split dividend.

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Question: What was last year's dividend per share?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M91167967

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