Farhan's Fences has retained earnings of $2.5 million,after paying dividends of $1.5 million.What was the firm's payout ratio?
A)0.38
B)0.60
C)0.63
D)1.50
E)1.67

Name: Farhan's Fences has retained earnings of $2.5 million,after paying dividends of $1.5 million.What was the firm's payout ratio? A)0.38 B)0.60 C)0.63 D)1.50 E)1.67
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The Answer of Farhan's Fences has retained earnings of $2.5 million,after paying dividends of $1.5 million.What was the firm's payout ratio?
A)0.38
B)0.60
C)0.63
D)1.50
E)1.67

Farhan's Fences Has Retained Earnings of $2