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Assume the following for a company whose sales are all on account: The dividend yield ratio is 4.5%. The dividend payout ratio is 40%. The
Assume the following for a company whose sales are all on account: The dividend yield ratio is 4.5%. The dividend payout ratio is 40%. The market price per share is $68. The earnings per share is closest to: Multiple Choice $7.65. $5.65. $4.22. $1.22.
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