Question: just the final answer Multiple Choice Question 34 Waterway Corporation had net income of $225000 and paid dividends to common stockholders of $27000 in 2019.
just the final answer
Multiple Choice Question 34 Waterway Corporation had net income of $225000 and paid dividends to common stockholders of $27000 in 2019. The weighted average number of shares out tanding in 2010 way 51000 shares. Waterway Corporation's common stock is selling for $50 per share on the New York Stock Exchange. Waterway Corporation's payout ratio for 209 10.7% O $0.5 per share 22.79 12.0%
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
