Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

what is the dividend payout ratio if net earnings ae $17,500,000 and retained earnings are $6,850,000/ a. 68.5% b. more information is needed to make

what is the dividend payout ratio if net earnings ae $17,500,000 and retained earnings are $6,850,000/

a. 68.5%

b. more information is needed to make the calculation

c. 60.9%

d. 39.1%

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_2

Step: 3

blur-text-image_3

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

The Wealthtech Book The FinTech Handbook For Investors Entrepreneurs And Finance Visionaries

Authors: Susanne Chishti, Thomas Puschmann

1st Edition

1119362156, 978-1119362159

More Books

Students also viewed these Finance questions

Question

What is cost-volume-pro fit analysis?

Answered: 1 week ago