net income of $250,000 and paid dividends to common stockholders of $50,000 in 2010. The weighted average number of shares outstanding in 2010 was 50,000 shares. the Corporation's common stock is selling for $30 per share on the New York Stock Exchange. the Corporation's dividends payout ratio for 2010 is a. 20% O b. 12.5% O c. 25% O d. $5
net income of $250,000 and paid dividends to common stockholders of $50,000 in 2010. The weighted average number of shares outstanding in 2010 was 50,000 shares. the Corporation's common stock is selling for $30 per share on the New York Stock Exchange. the Corporation's dividends payout ratio for 2010 is a. 20% O b. 12.5% O c. 25% O d. $5
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
Dengar

Transcribed Image Text:net income of $250,000 and paid dividends to common stockholders of $50,000 in 2010. The weighted average number of shares outstanding in
2010 was 50,000 shares. the Corporation's common stock is selling for $30 per share on the New York Stock Exchange. the Corporation's dividends
payout ratio for 2010 is
a. 20%
O b. 12.5%
O c.
25%
O d. $5
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