A company has a dividend payout ratio of 40% and a net income of $250,000. What amount is paid out as dividends? a) $100,000 b) $125,000 c) $150,000 d) $175,000

Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter6: Accounting For Financial Management
Section: Chapter Questions
Problem 10P: The Moore Corporation has operating income (EBIT) of 750,000. The companys depreciation expense is...
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A company has a dividend payout ratio of 40% and a net income of 250000 what amount is paid out as dividends? General finance

A company has a dividend payout ratio of 40% and a net income of $250,000. What amount is
paid out as dividends?
a) $100,000
b) $125,000
c) $150,000
d) $175,000
Transcribed Image Text:A company has a dividend payout ratio of 40% and a net income of $250,000. What amount is paid out as dividends? a) $100,000 b) $125,000 c) $150,000 d) $175,000
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