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Net income = $160,000, dividends = $40,000, profit margin = 8.50%, capital intensity = 0.85, debt-equity ratio = 0.50. 1) What is the payout ratio?

Net income = $160,000, dividends = $40,000, profit margin = 8.50%, capital intensity = 0.85, debt-equity ratio = 0.50. 1) What is the payout ratio? 2) What is the retention ratio? Please show all steps in getting answer.

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