Dooley Corporation Had Net Income of $200,000 and Paid Dividends

question 125

Multiple Choice

Dooley Corporation had net income of $200,000 and paid dividends to ordinary shareholders of $40,000 in 2011.The weighted average number of shares outstanding in 2011 was 50,000 shares.Dooley Corporation's ordinary shares are selling for $50 per share on the New York Stock Exchange.Dooley Corporation's payout ratio for 2011 is

• A)$4 per share.
• B)20%.
• C)25%.
• D)10%.

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Definitions:

Apneic

Pertaining to apnea, a temporary cessation of breathing, especially during sleep.

Naloxone (Narcan)

A medication used to counter the effects of opioid overdose, often administered to temporarily reverse the depression of the central nervous system and respiratory system.

Continuous Pulse Oximetry

The ongoing measurement of oxygen levels in the blood, typically using a sensor placed on a patient's finger, to monitor oxygen saturation over time.

Analgesia

The absence of pain in response to stimulation that would normally be painful, often achieved through the administration of drugs.