Top Posters
Since Sunday
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
r
4
Home Q & A Board Other Fields Homework Help Business Accounting
New Topic  
tivo tivo
wrote...
Go to Answer
Posts: 1776
Rep: 1 0
7 years ago
Evergreen Industrial reported the following for 2012:

Net sales:    $345,000
Net income:   $29,600
Market price per share of common stock:   $35.50
Dividends:    $18,500
Average number of shares of common stock outstanding:   125,000

What is the dividend payout ratio for Evergreen Industrial?
A) 37.50%
B) 160.0%
C) 62.50%
D) 35.50%
Textbook 
Financial Accounting

Financial Accounting


Edition: 3rd
Authors:
Read 229 times
2 Replies
Replies
Answer verified by a subject expert
largerthanlifelargerthanlife
wrote...
#1
Top Poster
Posts: 939
Rep: 33 0
7 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

tivo Author
wrote...
#2
7 years ago
Thank you for helping me with my accounting homework, will ask again
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1242 People Browsing
 120 Signed Up Today
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Related Images
  
 1946
  
 235
  
 414
Your Opinion
Where do you get your textbooks?
Votes: 372
Previous poll results: What percentage of nature vs. nurture dictates human intelligence?