Question $7$

Common stock $(10,000$ shares, $$25$ par value$)$: $$250,000,$ Net income: $$30,000.$ What is dividend pay out ratio.

$($A$)22\%$

$25\%$

$28\%$

$30\%$

Question $8$

$15,000$ shares of common stock. The book value $($net worth$)$ per share is

$($A$)$ $$3\mathrm{.}33$

$$4\mathrm{.}33$

$$5\mathrm{.}33$

$$6\mathrm{.}33$