Adell Furniture has a profit margin of 8.2 percent and a dividend payout ratio of 40 percent.What is the plowback ratio?
A)8.20 percent
B)27.33 percent
C)54.60 percent
D)60.00 percent
E)68.20 percent

Name: Adell Furniture has a profit margin of 8.2 percent and a dividend payout ratio of 40 percent.What is the plowback ratio? A)8.20 percent B)27.33 percent C)54.60 percent D)60.00 percent E)68.20 percent
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Plowback ratio = 1 - 0.40 = 0.60

Adell Furniture Has a Profit Margin of 8