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JD Powerless is a venture capitalist company considering an investment in Yurky Entertainment. The following information has been provided by Yurki to assist JD Powerless

JD Powerless is a venture capitalist company considering an investment in Yurky Entertainment. The following information has been provided by Yurki to assist JD Powerless in its equity analysis of the company. Earnings per share $7.50 Cash flows from operating activities $839,000 Market price per share $48.00 Dividends per share $3.00 Net capital expenditures $285,000 Based on the information provided, what would be Yurky's dividend payout ratio? Select answer from the options below 30% 40% 50% 60%

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