Max Corp. reported the following for 2016:
What is the dividend payout ratio for Max Corp? (Round your final answer to two decimal places, X.XX%.)
A)36.59%
B)5.07%
C)63.41%
D)38.50%

Question

Max Corp. reported the following for 2016: 
What is the dividend payout ratio for Max Corp? (Round your final answer to two decimal places, X.XX%.)
A)36.59% 
B)5.07% 
C)63.41% 
D)38.50%

Quizplus · Accepted Answer

Dividend payout ratio is calculated as Dividends per share / Earnings per share. Given that Max Corp. did not report dividends per share, we cannot calculate the dividend payout ratio. Therefore, none of the answer choices are correct.

Max Corp. Reported the Following for 2016