Question
20-Suppose a firm pays total dividends of $430,000 out of net income of $3.8 million. What would the firm's payout ratio be? 21- 1-Suppose a
20-Suppose a firm pays total dividends of $430,000 out of net income of $3.8 million. What would the firm's payout ratio be?
21- 1-Suppose a firm has a retention ratio of 40 percent and net income of $26.7 million. How much does it pay out in dividends?
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Personal Finance
Authors: Jack R. Kapoor, Les R. Dlabay, Robert J. Hughes, Melissa Hart
12th edition
1259720683, 978-1259720680
