Bavarian Brewhouse had earnings per share of $2.50 in 2004 and paid out a dividend per share of $1.45 that same year. Earnings per share are expected to be $3.25 in 2005.
-What was Bavarian Brewhouse's dividend payout ratio in 2004?
A) .58
B) .62
C) .35
D) .42
Correct Answer:
Verified
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