Given the common dividends per share 0.40**andtheearningspershareas**0.40**andthee arningspershareas**1.60, calculate the dividend payout ratio.

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 78E: Ratio Analysis Consider the following information. Required: Calculate the stockholder payout...
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Please provide the answer to this general accounting question using the right approach.

Given the common dividends per share
0.40**andtheearningspershareas**0.40**andthee
arningspershareas**1.60, calculate the dividend
payout ratio.
Transcribed Image Text:Given the common dividends per share 0.40**andtheearningspershareas**0.40**andthee arningspershareas**1.60, calculate the dividend payout ratio.
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