Orion Corp 's financial data for 2019 and 2018 included the following Required Calculate Orion 's dividend payout ratio for 2019 2019 2018 Net income $120,000 $135,000 Cash dividends paid on common stock Market price per share of common stock at the end of the year Shares of common stock outstandin...

Orion Corp.'s financial data for 2019 and 2018 included the following: Required: Calculate Orion's dividend payout ratio

Question:

Orion Corp.'s financial data for 2019 and 2018 included the following:

2019 2018 Net income $120,000 $135,000 Cash dividends paid on common stock Market price per share of common stock at the

Required:
Calculate Orion's dividend payout ratio for 2019?

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Cornerstones of Financial Accounting

ISBN: 978-1337690898

4th edition

Authors: Jay Rich, Jeff Jones

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Question Posted: Dec 11, 2017 09:13 AM

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Orion Corp.'s financial data for 2019 and 2018 included the following: Required: Calculate Orion's dividend payout ratio

Question:

2019 2018 Net income $120,000 $135,000 Cash dividends paid on common stock Market price per share of common stock at the end of the year Shares of common stock outstanding 19.00 150,000 17.00 150,000

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Cornerstones of Financial Accounting

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