Question
#37 Marine Biotechnologies, Inc. earned $150 million this year, of which $90 million was retained for future investment projects and the remainder paid out as
#37 Marine Biotechnologies, Inc. earned $150 million this year, of which $90 million was retained for future investment projects and the remainder paid out as dividends to shareholders. What was the company's dividend payout ratio?
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Financial Management For Decision Makers
Authors: Peter Atrill
7th Edition
129201606X, 978-1292016061
