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Suppose a firm pays total dividends of $30,000 out of net income of $150,000. What would the firm's payout ratio be 2.00 0.20 5.00 20.00

Suppose a firm pays total dividends of $30,000 out of net income of $150,000. What would the firm's payout ratio be

2.00
0.20
5.00
20.00

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