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QUESTION 9 Last year Lockheed Martin reported net income of $3,217 million and paid dividends of $737 million. This years forecasted net income is $3,277
QUESTION 9
Last year Lockheed Martin reported net income of $3,217 million and paid dividends of $737 million. This years forecasted net income is $3,277 million. Assuming the same dividend payout ratio, what would be the projected dividends to be paid by the company this year?
| $761 million | ||
| $737 million | ||
| There is not enough information to determine the amount. | ||
| $751 million | ||
| $797 million |
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