Last year blakelys fashions earned net income of 68400 and


Last year, Blakely's Fashions earned net income of $68,400 and had 12,000 shares of stock outstanding. The dividends per share were $2.20. What is the dividend payout ratio?

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Finance Basics: Last year blakelys fashions earned net income of 68400 and
Reference No:- TGS0632014

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