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MMM Inc reported net income of P15,000,000 in 2022. Total dividends paid amount to P1,000,000. Based on its stockholders equity, outstanding shares issued and outstanding
MMM Inc reported net income of P15,000,000 in 2022. Total dividends paid amount to P1,000,000. Based on its stockholders equity, outstanding shares issued and outstanding - 100,000 shares. MMM Inc share is traded at P20/share. What is the Dividend Payout Ratio per share
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Financial and Managerial Accounting
Authors: John J Wild, Ken W. Shaw
8th edition
1260247856, 978-1260247855
