Solid State Software has retained earnings of $42 million,after paying dividends of $10 million.What was the firm's payout ratio?
A)0.24
B)0.81
C)0.19
D)0.62
E)4.20

Question

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The Answer of Solid State Software has retained earnings of $42 million,after paying dividends of $10 million.What was the firm's payout ratio?
A)0.24
B)0.81
C)0.19
D)0.62
E)4.20

Solid State Software Has Retained Earnings of $42 Million,after Paying