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Business, 25.11.2019 21:31 Cocco

Consider the following data for a corporation: net income $800,000 preferred stock dividends $50,000 market price per share of stock $25 average common stockholders’ equity $4,000,000 cash dividends declared on common stock $20,000what is the payout ratio?

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Consider the following data for a corporation: net income $800,000 preferred stock dividends $50,00...
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