Multiple Choice
The market price of XYZ Company's common shares dropped from $25 to $21 per share.The dividend paid per share remained unchanged.The company's dividend payout ratio would:
A) increase.
B) decrease.
C) be unchanged.
D) impossible to determine without more information.
Correct Answer:

Verified
Correct Answer:
Verified
Q2: Reference: 13-02<br>Financial statements for Larned Company
Q185: March Company's working capital (in thousands of
Q186: For 20 × 9,the gross margin as
Q187: Calculate the earnings per share for 20
Q189: Laroche Company's earnings per share of common
Q191: Which of the following is true regarding
Q192: The following account balances have been provided
Q193: Marcell Company's average collection period (age of
Q194: Frantic Company had $130,000 in sales on
Q195: The net accounts receivable for Andante Company