Information from the financial statements are provided below:

-Refer to Rio Imports. The dividend payout ratio for 2015 is

Name: Information from the financial statements are provided below: -Refer to Rio Imports. The dividend payout ratio for 2015 is
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Question

Information from the financial statements are provided below:
 
-Refer to Rio Imports. The dividend payout ratio for 2015 is

Quizplus · Accepted Answer

The dividend payout ratio is calculated by dividing the dividends per share by the earnings per share. For 2015, the dividends per share were $0.25 and the earnings per share were $1.50. Therefore, the dividend payout ratio is $0.25/$1.50 = 16.7%.

Information from the Financial Statements Are Provided Below