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22 Mar 2005, 14:39
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A certain company predicts it per share earnings is $0.8, half of which will distribute to shareholders and the other part will be used for R&D. If the earnings exceed the predicted value, the shareholders will get additional $0.04 per share for each additional $0.10 of per share earnings. If the actual earnings is $1.1, how much did a 200 shares holder get?
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22 Mar 2005, 15:19
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At $0.8 earning, shareholder gets $0.4.
Actually exceeded = $0.3
Therefore, shareholder's share in $0.3 = $0.12.
Total shareholder's share = $0.52/share.
Share of the 200 shares holder = $104.
22 Mar 2005, 23:19
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Agree with Kapslock and praveen_rao. it is 104.
Guys, we can save the reply space not by quoting every time. Would you pls mind not doing so in every posting? i believe we quote when it is necessary to remind somebody of his/her statement.
thanx.......
Guys, we can save the reply space not by quoting every time. Would you pls mind not doing so in every posting? i believe we quote when it is necessary to remind somebody of his/her statement.
thanx.......
