USA Share Price and Dividend Changes

Joined
Apr 4, 2020
Messages
2
Reaction score
0
Country
Hong Kong
Hi there, I'm an A Level Accounting student who is seeking advice on the question below.

Screen Shot 2020-04-07 at 10.03.38 AM.png


I do not know how to do this because the answer is D, and if the share price was 4.8 then that would mean there is a premium of 3.8 per shares. How would this influence the dividends paid? I thought share premium accounts were used for rights issue and bonus issues and not for dividends.
 

Ask a Question

Want to reply to this thread or ask your own question?

You'll need to choose a username for the site, which only take a couple of moments. After that, you can post your question and our members will help you out.

Ask a Question

Members online

No members online now.

Forum statistics

Threads
11,775
Messages
27,839
Members
21,814
Latest member
alea2024

Latest Threads

Top