Calculate the plowback ratio given the following information: dividends paid = $120; net income = $400. Multiple Choice

Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter12: Fainancial Statement Analysis
Section: Chapter Questions
Problem 33MCQ: Selected information for Berry Company is as follows: Berrys return on equity rounded to the nearest...
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Calculate the plowback ratio given the following information: dividends paid = $120; net income = $400.

Multiple Choice
  •  
    50%
  •  
    333%
  •  
    70%
  •  
    30%
  •  
    143%
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