Question 34 Not yet Marine Biotechnologies, Inc. earned $150 million this year, of which $90 million was retained for future investment projects and the remainder paid out as dividends to shareholders. What was the company's dividend payout ratio? answered Points out of 1 P Flag question Select one: O A. 20% O B. 40% O C. 60% O D. 67% Question 35 Stockholders may prefer dividends to reinvestment by the firm Not yet answered Points out of 1 P Flag question Select one: O a because dividends resolve some uncertainty O b. because dividend payments have an information content O c. because investors may prefer current cash to future cash. O d. all of these