The Par Value of Blaze,Inc

question 17

Short Answer

The par value of Blaze,Inc.common stock is $0.50,the earnings per share is $4,the market price is $60,the dividend per share is $1.Calculate the payout ratio.

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Definitions:

Nickels

A five-cent coin made by the United States Mint.

Quarters

In financial and business terms, one of the four three-month periods into which the fiscal year is divided for reporting and forecasting purposes.

Marginal Rate

The rate at which something changes with each additional unit, such as the marginal tax rate, which is the rate applied to each additional dollar of income.

Substitution

The economic principle where consumers replace more expensive items with less costly alternatives.