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Financial Statements for Larkins Company Appear Below

Question 65

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Financial statements for Larkins Company appear below:
Financial statements for Larkins Company appear below: Dividends during Year 2 totaled $135 thousand, of which $12 thousand were preferred dividends. The market price of a share of common stock on December 31, Year 2 was $150. -Larkins Company's dividend payout ratio for Year 2 was closest to: A) 42.9% B) 24.6% C) 40.6% D) 14.8%
Financial statements for Larkins Company appear below: Dividends during Year 2 totaled $135 thousand, of which $12 thousand were preferred dividends. The market price of a share of common stock on December 31, Year 2 was $150. -Larkins Company's dividend payout ratio for Year 2 was closest to: A) 42.9% B) 24.6% C) 40.6% D) 14.8%
Dividends during Year 2 totaled $135 thousand, of which $12 thousand were preferred dividends. The market price of a share of common stock on December 31, Year 2 was $150.


-Larkins Company's dividend payout ratio for Year 2 was closest to:


A) 42.9%
B) 24.6%
C) 40.6%
D) 14.8%

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