Ralston Gourmet Foods Inc. earned $220 million last year and retained $190 million. What is the payout ratio?

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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  answer-question

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