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What is nashs payout ratio

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Question - The following information pertains to Nash's Company. Assume that all balance sheet amounts represent average balance figures.

Total assets $300000

Stockholders' equity-common 180000

Total stockholders' equity 250000

Sales revenue 90000

Net income 20000

Number of shares of common stock 5000

Common dividends 4100

Preferred dividends 6500

What is Nash's's payout ratio?

Reference no: EM131567240

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