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Spacely Sprockets Inc

Question 54

Multiple Choice

Spacely Sprockets Inc.sets its dividend using the target payout ratio policy.Selected financial data for Spacely is available in the table below.What is Spacely's target payout rate?
Selected Financial Information
Spacely Sprockets Inc.
Spacely Sprockets Inc.sets its dividend using the target payout ratio policy.Selected financial data for Spacely is available in the table below.What is Spacely's target payout rate? Selected Financial Information Spacely Sprockets Inc. A) 0.40 B) 0.50 C) 0.60 D) 0.70 E) 0.80


A) 0.40
B) 0.50
C) 0.60
D) 0.70
E) 0.80

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