Roy's Markets Has Net Income of $164,000

question 19

Multiple Choice

Roy's Markets has net income of $164,000.The firm has 200,000 shares of common stock outstanding.The dividend for this year is $0.61 per share.What is the retention ratio?

• A) 0.220
• B) 0.256
• C) 0.314
• D) 0.774
• E) 0.780

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