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Cole & Whitney paid a quarterly dividend of $0.50 for each outstanding share during the year 2023. The company had reported earnings of $ 3.50
Cole & Whitney paid a quarterly dividend of $0.50 for each outstanding share during the year 2023. The company had reported earnings of $ 3.50 per share during the same year. What is the Dividend payout ratio of Cole & Whitney for the year ending 2023? Question 37Answer a. 57.15% b. 48.75% c. 32.90% d. 28.63%
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Accounting
Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac
26th edition
128574361X, 978-1305446052, 1305446054, 978-1285743615
