Answered: AA Technologies reported the following…

AA Technologies reported the following financial data: Common dividends per share: $2.10 Earnings per share (EPS): $6.70 Calculate the dividend payout ratio. a. 0.212 b. 0.313 c. 1.05 d. 4.75

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter10: Stockholder's Equity

Section: Chapter Questions

Problem 79E: Ratio Analysis MJO Inc. has the following stockholders equity section of the balance sheet: On the...

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Question

Calculate the dividend payout ratio for this financial accounting question

AA Technologies reported the following financial data:
Common dividends per share: $2.10
Earnings per share (EPS): $6.70
Calculate the dividend payout ratio.
a. 0.212
b. 0.313
c. 1.05
d. 4.75

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