What is the blues payout ratio

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Question - This information pertains to Blue Company.  Lets assume that all balance sheet amounts represent average balance figures.

Total assets                                                 $400,000

Stockholders equity-common                        280,000

Total stockholders equity                              282,000

Sales revenue                                             108,000

Net income                                                  22,000

Number of shares of common stock               6,000

Common dividends                                      6,100

Preferred dividends                                     6,600

What is the Blues payout ratio?

Reference no: EM131731418

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