Answered: Suppose a firm pays total dividends of…

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

Personal Finance

13th Edition

ISBN:9781337669214

Author:GARMAN

Publisher:GARMAN

Chapter14: Investing In Stocks And Bonds

Section: Chapter Questions

Problem 1DTM

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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

.42
.114
1.14
8.810

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