View the step-by-step solution to:

Suppose a firm pays total dividends of $410,000 out of net income of $3.6 million. What would the firm's payout ratio be?

Suppose a firm pays total dividends of $410,000 out of net income of $3.6 million. What would the firm's payout ratio be?

1.14

8.780

.41

.114

Top Answer

The best way to approach your question... View the full answer

Sign up to view the full answer

Other Answers

The way to approach this... View the full answer

Let me explain the... View the full answer

Answer is 11.389 so... View the full answer

Payout Ratio Payout ratio is the ratio between the dividend paid out of the net income to the shareholders and the net... View the full answer

Please see the attached... View the full answer

1 comment
  • The correct option is (D) 0.114
    • v_pandey
    • May 04, 2018 at 5:11am

Why Join Course Hero?

Course Hero has all the homework and study help you need to succeed! We’ve got course-specific notes, study guides, and practice tests along with expert tutors.

-

Educational Resources
  • -

    Study Documents

    Find the best study resources around, tagged to your specific courses. Share your own to gain free Course Hero access.

    Browse Documents
  • -

    Question & Answers

    Get one-on-one homework help from our expert tutors—available online 24/7. Ask your own questions or browse existing Q&A threads. Satisfaction guaranteed!

    Ask a Question
Ask a homework question - tutors are online