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The following information pertains to Concord Corporation. Assume that all balance sheet amounts represent average balance figures. $328000 Total assets Stockholders' equity-common Total stockholders' equity

The following information pertains to Concord Corporation. Assume that all balance sheet amounts represent average balance figures. $328000 Total assets Stockholders' equity-common Total stockholders' equity Sales revenue Net income Number of shares of common stock Common dividends Preferred dividends What is the payout ratio for Concord? O 5.4% 28.4% O 20.4% O 48.4% 167600 222000 92000 24550 6800 5000 6700
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What is the payout ratio for Concord? 5.4% 28.4% 20.4%

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