Brown Corporation expects earnings of $2 million in year one, $2.3 million in year two, and $2.7 million in year three.

[answerhappygod]

Brown Corporation expects earnings of $2 million in year one,$2.3 million in year two, and $2.7 million in year three. If thefirm wants to retain 40%, what is the dividend in year two? Thereare 1 million shares outstanding.
A.
$0.92
B.
$1.62
C.
$1.08
D.
$1.38
The board of directors just announced a 2:3 stock split. If youown 350 shares, how many do you have after the split?
A.
233.33
B.
116.67
C.
525
D.
175