A company had net income of $200,000 and paid dividends to common stockholders of $50,000 in 2022. The weighted average number of shares outstanding in 2022 was 2,000 shares. The company’s common stock is selling for $80 per share on the New York Stock Exchange. The company’s payout ratio for 2022 is percent.
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A company had net income of $200,000 and paid dividends to common stockholders of $50,000 in 2022. T...
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