The ending retained earnings balance of Juan's Mexican Restaurant chain increased by $4.4 million from the beginning of the year. The company declared a dividend of $2.5 million during the year. What was the net income earned during the year?
a) $1.9 million
b) $4.4 million
c) $6.9 million
d) $2.5 million

Acoase solution to a problem of externality ensures that a socially efficient outcome is to

Job applications give employers uniform information for all employees, making it easier to

Storico co. just paid a dividend of $3.15 per share. the company will increase its dividend by 20 percent next year and then reduce its dividend growth rate by 5 percentage points per year until it reaches the industry average of 5 percent dividend growth, after which the company will keep a constant growth rate forever. if the required return on the company’s stock is 12 percent, what will a share of stock sell for today?