ABC Corporation Reported Net Income of $26,000 Last Year

question 128

Short Answer

ABC Corporation reported net income of $26,000 last year.The company reported earnings per share of $2.80.ABC paid dividends of $1.75 on each share of outstanding stock.What was ABC's dividend payout ratio?

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Definitions:

Klockars's Study

A research study conducted by Carl B. Klockars involving police corruption, emphasizing the systemic and organizational aspects of corrupt practices within police departments.

Sampling Frame

A list or database from which a sample is drawn for a statistical survey, representing the population of interest.

Probability Sample

In a probability sample, the units have a known and nonzero chance of being selected.

Representative Sample

A subset of a population that accurately reflects the members of the entire population.