From the information below, compute the payout ratio for Kevin's Trailers. $$\begin{array} { l r }
\text { Net Income } & \$ 200 \
\text { Cash Dividends (common) } & 40 \
\text { Retained Earnings } & 500 \
\text { Stock Dividends (common) } & 10
\end{array}$$
A) 25%.
B) 20%.
C) 8%.
D) 2%.

Question

From the information below, compute the payout ratio for Kevin's Trailers. $$\begin{array} { l r } 
\text { Net Income } & \$ 200 \
\text { Cash Dividends (common) } & 40 \
\text { Retained Earnings } & 500 \
\text { Stock Dividends (common) } & 10
\end{array}$$
A) 25%.
B) 20%.
C) 8%.
D) 2%.

Quizplus · Accepted Answer

The Answer of From the information below, compute the payout ratio for Kevin's Trailers. $$\begin{array} { l r } 
\text { Net Income } & \$ 200 \
\text { Cash Dividends (common) } & 40 \
\text { Retained Earnings } & 500 \
\text { Stock Dividends (common) } & 10
\end{array}$$
A) 25%.
B) 20%.
C) 8%.
D) 2%.

From the Information Below, Compute the Payout Ratio for Kevin's