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Home Q & A Board Other Fields Homework Help Business Accounting
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Krispylynn33 Krispylynn33
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ABC Corporation reported net income of $26,000 last year. The company reported earnings per share of $2.80. ABC paid dividends of $1.75 on each share of outstanding stock. What was ABC's dividend payout ratio?
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Managerial Accounting

Managerial Accounting


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manuella14manuella14
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$1.75 ÷ $2.80 = 62.5%
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Krispylynn33 Author
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A month ago
Smart ... Thanks!
gmiannotti
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Yesterday
Thanks
vanna2014
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2 hours ago
Thanks
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