Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Tea To Me ne ho 32.766 costs of $221 222, interest expense of $30,400, and a tax rate of 34 percent. It paid disdiends of

image text in transcribed
image text in transcribed
Tea To Me ne ho 32.766 costs of $221 222, interest expense of $30,400, and a tax rate of 34 percent. It paid disdiends of $34135 to shareholders Find the forms dividend payout ratio and retention ratio. (Round your percentage answers to a whole number) 851 155 151, 851 351 641 None of the provided answers is correct. 45% 55% 64%, 32% Talk To Me, Inc. has revenues of $332,766, costs of $221.222. interest expense of $30,400, and a tax rate of 34 percent. It paid dividends of $34,125 to shareholders. Find the firms dividend payout ratio and retention ratio (Round your percentage answers to nearest whole number) 55 454 851 155 155 85 36% 64 None of the provided answers is correct 45% 55% .64% 32%

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Global Finance And Development

Authors: David Hudson

1st Edition

0415436354, 978-0415436359

More Books

Students also viewed these Finance questions