Home Interiors has net income of $258,000.The firm has decided to pay $140,000 of that income out to the shareholders.What is the firm's retention ratio?
A) 0.355
B) 0.412
C) 0.457
D) 0.588
E) 0.645
Correct Answer:
Verified
Q73: Over the past 4 years,a local firm
Q74: The Grand Isle has 12,000 shares of
Q75: Western Adventures has earnings per share of
Q76: Southern Foods just paid an annual dividend
Q77: Dennison Mfg.pays annual dividends.For the past six
Q79: Detroit Imports has a dividend payout ratio
Q80: Ultra Fine Furnishings is in the process
Q81: Quality Home Made Ice Cream has plans
Q82: A firm has a current book value
Q95: The Diamond Outlet has current earnings per
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents