Question
PQR Corp reported net income of $300,000 for the year ended December 31st, 2023. Duringtheyear,thecompanyissueddividendsof$50,000.Calculatethecompany'sdividend payout ratio.
PQR Corp reported net income of $300,000 for the year ended December 31st, 2023. During the year, the company issued dividends of $50,000. Calculate the company's dividend payout ratio.
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Survey of Accounting
Authors: Thomas Edmonds, Christopher Edmonds, Philip Olds, Frances McNair, Bor Yi Tsay
5th edition
1259631125, 978-1259631122
