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Question 95 NORY brock Pearlman, Inc. provides the following information for 2019: Net income $285,000 Market price per share of common $30.00/share Dividiends paid $1.00/share

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Question 95 NORY brock Pearlman, Inc. provides the following information for 2019: Net income $285,000 Market price per share of common $30.00/share Dividiends paid $1.00/share Common stock outstanding at Jan 2019 120.000 shares common stock outstanding at Dec 31 130,000 hores The company has no preferred stock outstanding Calculate the dividend payout ratio. (Round any intermediate calculations and your final answer to two decimal places Remove 2019 Select one A 30.000 B. 43.86% 42.029 D2336

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