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

question 10

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).220
• B).256
• C).314
• D).774
• E).780

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Definitions:

Commercial Value

The monetary or exchange value that a good or service has in the marketplace.

Elephant

A large mammal with a long trunk and tusks, known for its intelligence and social behavior, native to Africa and Asia.

Beef

The meat from cattle, regarded as a staple protein source in many cultures around the world.

Cow

A domesticated animal known for providing milk, meat, and leather, and plays a significant role in agriculture.