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Excerpts from Goodrow Corporation's Most Recent Balance Sheet and Income

Question 95

Multiple Choice

Excerpts from Goodrow Corporation's most recent balance sheet and income statement appear below: Excerpts from Goodrow Corporation's most recent balance sheet and income statement appear below: Dividends on common stock during Year 2 totaled $20 thousand. Dividends on preferred stock totaled $10 thousand. The market price of common stock at the end of Year 2 was $5.34 per share. -The dividend payout ratio for Year 2 is closest to: A) 50.0% B) 28.6% C) 33.3% D) 3333.3% Excerpts from Goodrow Corporation's most recent balance sheet and income statement appear below: Dividends on common stock during Year 2 totaled $20 thousand. Dividends on preferred stock totaled $10 thousand. The market price of common stock at the end of Year 2 was $5.34 per share. -The dividend payout ratio for Year 2 is closest to: A) 50.0% B) 28.6% C) 33.3% D) 3333.3% Dividends on common stock during Year 2 totaled $20 thousand. Dividends on preferred stock totaled $10 thousand. The market price of common stock at the end of Year 2 was $5.34 per share.
-The dividend payout ratio for Year 2 is closest to:


A) 50.0%
B) 28.6%
C) 33.3%
D) 3333.3%

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