Dooley Corporation had net income of $200,000 and paid dividends to ordinary shareholders of $40,000 in 2020. The weighted average number of shares outstanding
Dooley Corporation had net income of $200,000 and paid dividends to ordinary shareholders of $40,000 in 2020. The weighted average number of shares outstanding in 2020 was 50,000 shares. Dooley Corporation's ordinary shares are selling for $30 per share on the New York Stock Exchange. Dooley Corporation's payout ratio for 2020 is 20%. 10%. $4 per share. 25%.
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Authors: Michael R. Kinney, Cecily A. Raiborn
9th edition
9781285401072, 1111971722, 1285401077, 978-1111971724
