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Business, 30.11.2019 04:31 10040813

Carlyle corporation reported net income of $360,000 and paid dividends of $125,000 on its common stock and $50,000 on its preferred stock. common stockholders’ equity was $1,600,000 at the start of the year and $2,000,000 at the end of the year. total assets were $2,200,000 at the start of the year and $2,600,000 at the end of the year. what is the company’s payout ratio? group of answer choices

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