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During 2022, Amazing Corp.reported after-tax net income of $900,000 and paid $175,000 in common dividends.The weighted average number of common shares issued in 2022 was 200,000.There are no preferred shares issued.At year end, Amazing's common shares are selling for $81 per share on the Toronto Stock Exchange.
-Amazing's payout ratio for 2022 is
A)$1.00.
B)5.6%.
C)22.2%.
D)19.4%.

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Use the following information for questions 
During 2022, Amazing Corp.reported after-tax net income of $900,000 and paid $175,000 in common dividends.The weighted average number of common shares issued in 2022 was 200,000.There are no preferred shares issued.At year end, Amazing's common shares are selling for $81 per share on the Toronto Stock Exchange.
-Amazing's payout ratio for 2022 is
A)$1.00.
B)5.6%.
C)22.2%.
D)19.4%.

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The Answer of Use the following information for questions 
During 2022, Amazing Corp.reported after-tax net income of $900,000 and paid $175,000 in common dividends.The weighted average number of common shares issued in 2022 was 200,000.There are no preferred shares issued.At year end, Amazing's common shares are selling for $81 per share on the Toronto Stock Exchange.
-Amazing's payout ratio for 2022 is
A)$1.00.
B)5.6%.
C)22.2%.
D)19.4%.

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