You have Net Income of $5,000 and pay a $2,000 dividend. Your Dividend Pay- out Ratio is (a) 100 % (b) 20 % (c) 60 % (d) 40 %.
You have Net Income of $5,000 and pay a $2,000 dividend. Your Dividend Pay- out Ratio is (a) 100 % (b) 20 % (c) 60 % (d) 40 %.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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
Transcribed Image Text:You have Net Income of $5,000 and pay
a $2,000 dividend. Your Dividend Pay-
out Ratio is
(a) 100 %
(b) 20 %
(c) 60 %
(d) 40 %.
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