The following data were collected from the financial statements of Jensen Limited:
Required:
(a) Calculate the dividend payout ratio for this company for both years.
(b) State whether the dividend payout rate has improved or deteriorated in 2019.

Question

The following data were collected from the financial statements of Jensen Limited:
  Required:
(a) Calculate the dividend payout ratio for this company for both years.
(b) State whether the dividend payout rate has improved or deteriorated in 2019.

Quizplus · Accepted Answer

The Answer of The following data were collected from the financial statements of Jensen Limited:
  Required:
(a) Calculate the dividend payout ratio for this company for both years.
(b) State whether the dividend payout rate has improved or deteriorated in 2019.

The Following Data Were Collected from the Financial Statements of Jensen