Sewell Enterprises earned $160 million last year and retained $100 million. What is the payout ratio?

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Sewell Enterprises earned $160 million last year and retained $100 million. What is the payout ratio?

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Foundations of Financial Management

ISBN: 978-1259024979

10th Canadian edition

Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta

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