BVI Corporation Had Net Income of $1,600,000 and Paid Dividends

question 47

Multiple Choice

BVI Corporation had net income of $1,600,000 and paid dividends to common stockholders of $320,000 in 2022.The weighted-average number of shares outstanding in 2022 was 500,000 shares.BVI Corporation's common stock is selling for $50 per share on the NASDAQ.BVI Corporation's payout ratio for 2022 is

• A)$5 per share.
• B)20%.
• C)32%.
• D)5%.

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Definitions:

European Artists

Refers to artists originating from Europe, known for their contributions across various art movements and historical periods.

Color

A characteristic of light perceived by the human eye, determined by the light's wavelength or composition, integral to visual experience and communication.

Arshile Gorky

A seminal Armenian-American painter, associated with the early movement of abstract expressionism, known for his influential and emotionally charged works.

Performance Art

An American avant-garde art trend of the 1960s that made time an integral element of art. It produced works in which movements, gestures, and sounds of persons communicating with an audience replace physical objects. Documentary photographs are generally the only evidence remaining after these events. See also Happenings.