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1. If the number of shares outstanding is 1 , 0 0 0 , 0 0 0 , the profit for the year is $

1. If the number of shares outstanding is 1,000,000, the profit for the year is $150,000, and the firm paid dividends of $50,000, the dividend payout ratio is

a.15%

b.34%

c.54

d.3


2. 

On Dec, 31 the net income is $15,000, interest expense is $5,000. The interest payout ratio is (Ignore tax by assuming tax is zero))

a.20%

b.34%

c.25%

d.5


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