Question
STU Corporation reports the following financial information for the year ended December 31, 2023: Item Amount ($) Net Income 150,000 Dividends Paid 30,000 Required: Calculate
STU Corporation reports the following financial information for the year ended December 31, 2023:
Item | Amount ($) |
Net Income | 150,000 |
Dividends Paid | 30,000 |
Required:
- Calculate the dividend payout ratio for STU Corporation.
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Intermediate Accounting
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield, Nicola M. Young, Irene M. Wiecek, Bruce J. McConomy
11th Canadian edition Volume 2
1119048540, 978-1119048541
