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Sewell Enterprises earned $185 million last year and retained $120 million. What is the payout ratio? ( Round your answer to 1 decimal place. Omit
| Sewell Enterprises earned $185 million last year and retained $120 million. |
| What is the payout ratio? (Round your answer to 1 decimal place. Omit the "%" sign in your response.) |
| Payout ratio | % |
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Entrepreneurial Finance
Authors: Gary E. Gibbons, Robert D. Hisrich, Carlos Marques DaSilva
1st Edition
1452274177, 978-1452274171
