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Calculate payout ratio given the following information: EBIT $100,000; tax rate 36%; dividends paid $44,440. Select one: O a. 70.64% ob. 69.44% O c. 65.35%

Calculate payout ratio given the following information: EBIT $100,000; tax rate 36%; dividends paid $44,440. Select one: O a. 70.64% ob. 69.44% O c. 65.35% O d. 64.00%

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