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Business, 26.09.2019 19:30 zariyastanfield4452

The following information pertains to marsh company. assume that all balance sheet amounts represent average balance figures. total asset $400,000stockholder's equity-common 200,000total stockholders' equity 280,000sales revenue 120,000net income 25,000number of shares of common stock 8,000common dividends 5,000preferred dividends 6,000what is marsh's payout ratio? a) 7.5%.b) 20%.c) 24%.d) 36%.

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