Tito Corporation Had Net Income of $2,000,000 and Paid Dividends

question 221

Multiple Choice

Tito Corporation had net income of $2,000,000 and paid dividends to common stockholders of $300,000 in 2017. The weighted average number of shares outstanding in 2017 was 400,000 shares. Tito Corporation's common stock is selling for $50 per share on the NASDAQ. Tito Corporation's payout ratio for 2017 is

• A) $5 per share.
• B) 12%.
• C) 15%.
• D) 7%.

Identify ethical principles in personal and organizational conduct.

Understand the implications of privacy and publicity rights in public relations practices.

Understand the requirements for ethical decision-making and communication within organizational and professional contexts.

Comprehend the legal and ethical responsibilities of corporate communication.