FINANCIAL ACCOUNTING: TOOLS FOR BUSINES
FINANCIAL ACCOUNTING: TOOLS FOR BUSINES
9th Edition
ISBN: 9781119595649
Author: Kimmel
Publisher: WILEY
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Chapter 13, Problem 18Q
To determine

Dividend payout ratio: Dividend payout ratio is the ratio used to measure the share of earnings in terms of percentage paid towards the shareholders.

To show: The formula for dividend payout ratio.

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