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Gabriel Furniture Has a Profit Margin of 8

Question 19

Multiple Choice

Gabriel Furniture has a profit margin of 8.2 percent and a dividend payout ratio of 30 percent. What is the plowback ratio?


A) 10.66 percent
B) 27.33 percent
C) 54.60 percent
D) 70.00 percent
E) 78.20 percent

Correct Answer:

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