QRW, Inc has a retained earnings balance of $2,000,000. The company reported net income of
$600,000, sales of $4,000,000, and has 200,000 shares of common stock outstanding. The company
announced a dividend of $2.00 per share.
Therefore the company's dividend payout ratio is
A) 10%. B) 20%. C) 66.7%. D) 50%.
C
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The growth strategy that allows the provision of a new service at existing locations is referred to as:
A) multiservice. B) multisite. C) multisegment. D) multiattribute.
James collected primary data when he distributed a survey to dorm residents to discover their attitudes and opinions on campus life
Indicate whether the statement is true or false
Commodity L sells for $12.00; selling expenses are $2.40; normal profit is $3.00 . If the cost of Commodity L is $7.80 and the replacement cost is $6.00, the lower of cost or market is
a. $5.40. b. $6.60. c. $6.00. d. $7.80.
Rapidly growing firms must often _____ to finance their acquisitions of noncurrent assets
a. sell existing noncurrent assets b. borrow funds c. issue common shares d. choices b and c e. choices a, b and c