Use the information in Table 4.1 to determine the 2013 dividend payout
Use the information in Table 4.1 to determine the 2013 dividend payout ratio for Bacon Signs.
A) This question cannot be answered from the information provided.
B) $250/$7418 = 0.03
C) $463/$713 = 0.65
D) $250/$713 = 0.35
ANSWER
D
Explanation: D) DPO Ratio = (Div)/NI = $250/$713 = 0.35
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