Question: Will Company reports the following: Dividend payout ratio for 2008 was: A) 12% B) 18.7% C) 22.2% D)27% Years 2009 2008 Retained Earnings Common Stock

Will Company reports the following:

Dividend payout ratio for 2008 was:
A) 12%
B) 18.7%
C) 22.2%
D)27%

Years 2009 2008 Retained Earnings Common Stock Paid-in Capital Net Income for year S 2,000,000 S1,300,000 S 500,000 S 500,000 3,000,000 S3,000,000 S 900,000 S 400,000

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