A Wall Street Journal Quotation for a Company Has the Following

question 63

Multiple Choice

A Wall Street Journal quotation for a company has the following values: Div: $1.12, PE: 18.3, Close: $37.22. Calculate the approximate dividend payout ratio for the company.

• A)18 percent
• B)35 percent
• C)45 percent
• D)55 percent

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Definitions:

Clutch Discs

Clutch discs are components of a clutch assembly in vehicles, made of a friction material that engages and disengages the engine from the drivetrain.

Rollers

Cylindrical components designed to facilitate movement or transfer of materials or objects by rolling them across surfaces.

Clutch Release Forks

Mechanical levers inside a vehicle's transmission that disengage the clutch from the engine, allowing for gear changes.

Release Bearing

Usually refers to the clutch release mechanism actuated by clutch pedal movement.