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The following information pertains to Windsor Supply Company. Assume that all balance sheet amounts represent average balance figures. Total assets $360000 Stockholders' equity-common 180000 Total
The following information pertains to Windsor Supply Company. Assume that all balance sheet amounts represent average balance figures. Total assets $360000 Stockholders' equity-common 180000 Total stockholders' equity 252000 Sales revenue 108000 Net income 27000 Number of shares of common stock 7130 Common dividends 5130 Preferred dividends 3130 What is Windsor Supply's payout ratio? 4.8%. 30.6%. 11.6%. 19.0%
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