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Ralston Gourmet Foods Inc. earned $250 million last year and retained $130 million. What is the payout ratio? (Do not round intermediate calculations. Input your

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Ralston Gourmet Foods Inc. earned $250 million last year and retained $130 million. What is the payout ratio? (Do not round intermediate calculations. Input your answer as a percent rounded to 2 decimal places.) Payout ratio

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