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Suppose a firm pays total dividends of $4.1 million out of net income of $28.1 million. What would the firm's payout ratio be? Multiple Choice

Suppose a firm pays total dividends of $4.1 million out of net income of $28.1 million. What would the firm's payout ratio be? Multiple Choice 1.46 14.59 6.85
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Suppose a firm pays total dividends of $4.1 million out of net income of $28.1 million. What would the firm's payout ratio be? Multiple Choice 1.46 14.59 6.85

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