The following information was available for the year ended December 31, 2019. Net income Average total assets Dividends per share Earnings per share Market price per share at year-end $ 50,000 600,000 1.40 5.00 70.00 The dividend payout ratio for 2019 was:

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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The following information was available for the year ended December 31, 2019:
Net income
Average total assets
Dividends per share
Earnings per share
Market price per share at year-end
$ 50,000
600,000
1.40
5.00
70,00
The dividend payout ratio for 2019 was
報
灣 券
11111 157
Transcribed Image Text:The following information was available for the year ended December 31, 2019: Net income Average total assets Dividends per share Earnings per share Market price per share at year-end $ 50,000 600,000 1.40 5.00 70,00 The dividend payout ratio for 2019 was 報 灣 券 11111 157
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