Lucas has 7 million shares outstanding and the current
Lucas, Inc. earned $19 million last year and retained $7 million. Lucas has 7 million shares outstanding, and the current price of Lucas shares is $25 per share. What is the payout ratio? (Round your answer to the nearest whole percent.)
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lucas inc earned 19 million last year and retained 7 million lucas has 7 million shares outstanding and the current
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lucas inc earned 15 million last year and retained 6 million lucas has 5 million shares outstanding and the current
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