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The Following Data Were Collected from the Financial Statements of Jensen

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The following data were collected from the financial statements of Jensen Limited:
The following data were collected from the financial statements of Jensen Limited:    Required: (a) Calculate the dividend payout ratio for this company for both years. (b) State whether the dividend payout rate has improved or deteriorated in 2019. Required:
(a) Calculate the dividend payout ratio for this company for both years.
(b) State whether the dividend payout rate has improved or deteriorated in 2019.

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