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Question 5 ABC co . does not have any preferred shares and paid a dividend of $ 0 . 6 6 per share of common

Question 5
ABC co. does not have any preferred shares and paid a dividend of $0.66 per share of common stock. Based on the following information, calculate its dividend payout ratio.
Common stock account (10,000 shares, $25 issue price): $250,000, Earnings available to common shareholders: $22,000.
30%
20%
10%
5%
Question 6
receivable at the end of June?
$1,950
$6,500
$4,550
$5,100
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