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Question 12 (2 points) Solid State Software has retained earnings of $30 million, after paying dividends of $5 million. What was the firm's payout ratio?

Question 12 (2 points) Solid State Software has retained earnings of $30 million, after paying dividends of $5 million. What was the firm's payout ratio? 0.24 0.19 0.14 0.29 4.20

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