Question
The market price of the common stock of Ollinger Company droppedfrom $95 to $72 per share. The dividend paid per share remainedunchanged. The company's dividend
The market price of the common stock of Ollinger Company droppedfrom $95 to $72 per share. The dividend paid per share remainedunchanged. The company's dividend payout ratio would:
a) be unchanged.
b) increase.
c) decrease.
d) be impossible to determine without more information.
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Accounting Information System
Authors: James A. Hall
7th Edition
978-1439078570, 1439078572
