Ralston Gourmet Foods Inc. earned $360 million last year and retained $252 million. What is the payout

Question:

Ralston Gourmet Foods Inc. earned $360 million last year and retained $252 million. What is the payout ratio?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Foundations of Financial Management

ISBN: 978-1259194078

15th edition

Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen

Question Posted: