Corporation payout ratio, Ferman Corporation's common

Corporation payout ratio

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Reference no: EM13134029

Ferman Corporation had net income of $250,000 and paid dividends of $50,000 to common stockholders and $20,000 to preferred stockholders in 2010. Ferman Corporation's common stockholders' equity at the beginning and end of 2010 was $870,000 and $1,130,000, respectively. Ferman Corporation's payout ratio for 2010 was ?

Reference no: EM13134029

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