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Given that the common dividends per share for Metro Tech Corp. are $0.40 and the earnings per share are $1.50, calculate the dividend payout ratio. Options: • • • • a) 0.25 b) 0.35 c) 0.27 . d) 1.00

Given that the common dividends per share for Metro Tech Corp. are $0.40 and the earnings per share are $1.50, calculate the dividend payout ratio. Options: • • • • a) 0.25 b) 0.35 c) 0.27 . d) 1.00

Cornerstones of Financial Accounting
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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Given that the common dividends per share for Metro Tech Corp. are $0.40 and the earnings per share are $1.50, calculate the dividend payout ratio. Options: • • • • a) 0.25 b) 0.35 c) 0.27 . d) 1.00
Transcribed Image Text:Given that the common dividends per share for Metro Tech Corp. are $0.40 and the earnings per share are $1.50, calculate the dividend payout ratio. Options: • • • • a) 0.25 b) 0.35 c) 0.27 . d) 1.00
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