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Financial Statements for Larned Company Appear Below: Dividends

Question 68

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Financial statements for Larned Company appear below: Financial statements for Larned Company appear below: Dividends during Year 2 totaled $263 thousand, of which $12 thousand were preferred dividends. The market price of a share of common stock on December 31, Year 2 was $160. -Larned Company's dividend payout ratio for Year 2 was closest to: A) 75.8% B) 28.5% C) 76.7% D) 47.4% Financial statements for Larned Company appear below: Dividends during Year 2 totaled $263 thousand, of which $12 thousand were preferred dividends. The market price of a share of common stock on December 31, Year 2 was $160. -Larned Company's dividend payout ratio for Year 2 was closest to: A) 75.8% B) 28.5% C) 76.7% D) 47.4% Dividends during Year 2 totaled $263 thousand, of which $12 thousand were preferred dividends.
The market price of a share of common stock on December 31, Year 2 was $160.

-Larned Company's dividend payout ratio for Year 2 was closest to:


A) 75.8%
B) 28.5%
C) 76.7%
D) 47.4%

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