Payout and retention ratio: Goodwin Corp. has revenues of $12,112,659, costs of $9,080,545, interest payments of $412,375,
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Payout and retention ratio: Goodwin Corp. has revenues of
$12,112,659, costs of $9,080,545, interest payments of $412,375, and a tax rate of 27 percent. It paid dividends of $1,025,000 to its stockholders.
What are the firm’s dividend payout ratio and retention ratio?
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Related Book For
Fundamentals Of Corporate Finance
ISBN: 9781119795438
5th Edition
Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates
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