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Suppose a firm pays total dividends of $350,000 out of net income of $3.0 million. What would the firm's payout ratio be? .117 1.17 .35
Suppose a firm pays total dividends of $350,000 out of net income of $3.0 million. What would the firm's payout ratio be?
.117
1.17
.35
8.571
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