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A firm earns net income of $250,000 in a given year and the firm's retained earnings increase $100,000 for that same year. The payout ratio
A firm earns net income of $250,000 in a given year and the firm's retained earnings increase $100,000 for that same year. The payout ratio is:a. 100%
b. 60%
c. 80%
d. 25%
e. 40%
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