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Wilco Company reports the following: Retained Earnings Common Stock Paid-in Capital Net Income for vear 2005 $2.000.000 500.000 $3.000.000 $900,000 2004 S1.300.000 S 500,000 $3.000.000
Wilco Company reports the following: Retained Earnings Common Stock Paid-in Capital Net Income for vear 2005 $2.000.000 500.000 $3.000.000 $900,000 2004 S1.300.000 S 500,000 $3.000.000 S 400,000 Assuming retained earnings was only affected by income and dividends; calculate the dividend payout ratio for 2005: O 27%. O 1296. 22.2%. Not determinable
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