Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Question 7 ( 1 point ) Saved JBS Inc. has EBIT = $ 1 , 0 5 0 , net income = $ 3 2

Question 7(1 point)
Saved
JBS Inc. has EBIT =$1,050, net income =$325, change in retained earnings =125, and next fixed assets =$35,000. What is the dividend payout ratio for JBS?
A)54.91%
B)61.53%
C)38.47%
D)68.32%
E)30.95%
image text in transcribed

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Essentials Of Real Estate Finance

Authors: David Sirota, Doris Barrell

14th Edition

1475428391, 9781475428391

More Books

Students also viewed these Finance questions

Question

finding entry-level positions;

Answered: 1 week ago