Question: Moon and Sons Incorporated earned $ 2 4 0 million last year and retained $ 1 7 5 million. What is the payout ratio? Note:

Moon and Sons Incorporated earned $240 million last year and retained $175 million.
What is the payout ratio?
Note: Do not round intermediate calculations. Input your answer as a percent rounded to 2 decimal places.
Payout ratio
%
Moon and Sons Incorporated earned $240 million last year and retained

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