Find the firm dividend payout ratio
Goodwin Corp. has revenues of $10,686,085, costs of $8,014,564, interest payments of $412,375, and a tax rate of 34 percent. It paid dividends of $961,000 to its stockholders. Find the firm’s dividend payout ratio and retention ratio.
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It is your responsibility as VP of the Service Department to communicate and work with the peers and employees to solve such problems
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