Winger Corporation had the following information in its financial statements for the year ended 2007 and 2008:

-What is the payout ratio for Winger Corporation for the year ended 2008?
A) 12.1%
B) 16.0%
C) 36.3%
D) 41.3%

Name: Winger Corporation had the following information in its financial statements for the year ended 2007 and 2008: -What is the payout ratio for Winger Corporation for the year ended 2008? A) 12.1% B) 16.0% C) 36.3% D) 41.3%
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Question

Winger Corporation had the following information in its financial statements for the year ended 2007 and 2008:
 
-What is the payout ratio for Winger Corporation for the year ended 2008?
A) 12.1% 
B) 16.0% 
C) 36.3% 
D) 41.3%

Quizplus · Accepted Answer

$15,000 ÷ ($124,000 - $30,000) = 16.0%.

Winger Corporation Had the Following Information in Its Financial Statements