Suppose a firm pays total dividends of $420,000 out of net income of $3.7 million. What would the firm's payout ratio be? Multiple Choice .42 .114 1.14 8.810
Suppose a firm pays total dividends of $420,000 out of net income of $3.7 million. What would the firm's payout ratio be? Multiple Choice .42 .114 1.14 8.810
Chapter2: Financial Statements, Cash Flow, And Taxes
Section2.8: Performance Evaluation
Problem 1ST
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Question
Suppose a firm pays total dividends of $420,000 out of net income of $3.7 million. What would the firm's payout ratio be?
Multiple Choice
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.42
-
.114
-
1.14
-
8.810
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