Multiple Choice
A firm has sales of $811,000 for the year.The profit margin is 5.1 percent and the retention ratio is 56 percent.What is the common-size percentage for the dividends paid?
A) 1.99 percent
B) 2.86 percent
C) 1.21 percent
D) 2.24 percent
E) 1.42 percent
Correct Answer:
Verified
Correct Answer:
Verified
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