Goodwin Corp. has revenues of $12,112,659, costs of $9,080,545, interest payments of $412,375, and a tax rate of 34 percent. It paid dividends of $1,025,000 to its stockholders. What are the firm's dividend payout ratio and retention ratio? (Round answers to 2 decimal places e.g. 17.54%.)

Answer rating: 100% (QA)

Dividend payout ratio 5928 Retention ratio 4072 Solution CALCULATION OF NET ... View the full answer