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The dividend payout ratio describes Muluple Choice the proportion of earnings paid as dividends. o o o of the relationship of dividends per share to

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The dividend payout ratio describes Muluple Choice the proportion of earnings paid as dividends. o o o of the relationship of dividends per share to market price per share. the percentage change in dividends this year compared to last you dividends as a percentage of the price earrings ratio The following information was available for the year ended December 31, 2019 Net sales Cost of goods sold Average accounts receivable for the year Accounts receivable at year-end Average inventory for the year Inventory at year-end $300,000 210, eee 15,600 18,000 60,000 70,000 The inventory turnover for 2019 was: Multiple Choice O 3.0 times 3.5 times 0 0 50 times 0

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