If the payout ratio is 0.50 and net income is $250,000, then the stock price is: A. 10,000 B. 125,000 C. 150,000 D. Unable to tell from data given

Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter16: Financial Statement Analysis
Section: Chapter Questions
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Please provide answer this financial accounting question

If the payout ratio is 0.50 and net income is
$250,000, then the stock price is:
A. 10,000
B. 125,000
C. 150,000
D. Unable to tell from data given
Transcribed Image Text:If the payout ratio is 0.50 and net income is $250,000, then the stock price is: A. 10,000 B. 125,000 C. 150,000 D. Unable to tell from data given
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