Ralston Gourmet Foods Inc. earned $220 million last year and retained $190 million. What is the payout ratio?
Question:
Ralston Gourmet Foods Inc. earned $220 million last year and retained $190 million. What is the payout ratio?
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Related Book For
Foundations Of Financial Management
ISBN: 9781264097623
18th Edition
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen
Question Details
Chapter #
18- Dividend Policy and Retained Earnings
Section: Problem
Problem: 2
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Question Posted: September 28, 2023 03:58:07