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Dy , Inc. has a net profit margin of 1 4 % and total asset turnover of 0 . 8 0 . Dexy has averagetotal

Dy, Inc. has a net profit margin of 14% and total asset turnover of 0.80. Dexy has averagetotal assets of 4,000,000. If Dy has a dividend payout ratio of 40%, and 100,000 sharesoutstanding, what is Dys dividends per share?Answer is 4.48 provide steps

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