Cordoba, Inc. reported the following for 2016: 
What is the dividend payout ratio for Cordoba, Inc.? (Round your final answer to two decimal places, X.XX%.)
Definitions:
Macroeconomics
A branch of economics that studies how the aggregate economy behaves, focusing on indicators such as GDP, unemployment rates, and inflation.
Descriptive Economics
The branch of economics focused on describing the components of the economy and how they function, without making judgments about them.
Institutional Economics
A branch of economics focusing on the role of institutions in shaping economic behavior.
Understand Society
The comprehensive grasp of how social structures, relationships, and behaviors function within a community or population.
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