Solution-A tax rate of 34 percent it paid dividends of

A tax rate of 34 percent it paid dividends of 1025000 to

Reference no: EM13484439

Goodwin Corp. has revenues of $12,112,659, costs of $9,080,545, interest payments of $412,375, and a tax rate of 34 percent. It paid dividends of $1,025,000 to its stockholders. Find the firm's dividend payout ratio and retention ratio.

Reference no: EM13484439

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A tax rate of 34 percent it paid dividends of 1025000 to

Reference no: EM13484439

Reference no: EM13484439

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