Multiple Choice
Calculate the dividend per share that is paid when the earnings per share are $6.00 and plowback ratio is 0.85.
A) $1.14/share
B) $1.05/share
C) $0.90/share
D) $0.85/share Payout ratio = 1 - 0.85 = 0.15
0) 15 = Dividend per share/$6
Correct Answer:

Verified
Correct Answer:
Verified
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