Brentwood Industries has a net income of $8,000 and pays a dividend of $3,200. What is the dividend payout ratio? (a) 25% (b) 35% (c) 40% (d) 50%
Brentwood Industries has a net income of $8,000 and pays a dividend of $3,200. What is the dividend payout ratio? (a) 25% (b) 35% (c) 40% (d) 50%
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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