Payout and retention ratio: Drekker Ltd has revenues of $312,766, costs of $220,222, interest payment of $31,477, and a tax rate of 34 per cent. It paid dividends of $34,125 to shareholders. Find the company's dividend payout ratio and retention ratio.

Question

Quizplus · Accepted Answer

The Answer of Payout and retention ratio: Drekker Ltd has revenues of $312,766, costs of $220,222, interest payment of $31,477, and a tax rate of 34 per cent. It paid dividends of $34,125 to shareholders. Find the company's dividend payout ratio and retention ratio.

Payout and Retention Ratio: Drekker Ltd Has Revenues of $312,766