Calculate Payout Ratio Given the Following Information: EBIT $100,000; Tax

question 195

Multiple Choice

Calculate payout ratio given the following information: EBIT $100,000; tax rate 30%; dividends paid $24,500.

• A) 35%
• B) 65%
• C) 40%
• D) 50%
• E) 70%

---

Definitions:

Bonobos

A species of great ape known for its matriarchal society and complex social behaviors, closely related to chimpanzees.

Grooming

In primatology, the ritual cleaning of another animal's coat to remove parasites and other matter.

Orangutans

Great apes native to Indonesia and Malaysia, known for their intelligence, long arms, and reddish-brown hair.

Arrested Physical Development

A condition or phase where the normal growth and development of the body is halted or significantly slowed.