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Multiple Choice Question 200 The following information pertains to Nash's Company. Assume that all balance sheet amounts represent average balance figures. Total assets $300000 Stockholders'

Multiple Choice Question 200

The following information pertains to Nash's Company. Assume that all balance sheet amounts represent average balance figures.

Total assets

$300000

Stockholders' equity-common

180000

Total stockholders' equity

250000

Sales revenue

90000

Net income

20000

Number of shares of common stock

5000

Common dividends

4100

Preferred dividends

6500

What is Nash's's payout ratio?

6%.

34%.

20.50%.

14%.

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