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ABC Company reports the following: 2020 2019 Retained Earnings 1,000,000 650,000 Common Stock 250,000 E250,000 Paid-in Capital 1,500,000 E1,500,000 Net Income for year 450,000 E200,000
ABC Company reports the following: 2020 2019 Retained Earnings 1,000,000 650,000 Common Stock 250,000 E250,000 Paid-in Capital 1,500,000 E1,500,000 Net Income for year 450,000 E200,000 Dividend payout ratio for 2020 was A) 279 B) 6% 22.2% D) Not determinable
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