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Ferman corp had net income of 200000 and paid dividends of

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Ferman Corp had net income of $200,000 and paid dividends of $50,000 to common stockholders and $20,000 to preferred stockholders in 2012, Ferman Corp's common sockholders' equity at beginning and end of 2012 was $870,000 and $1,130,000, respectively. Ferman 's payout ratio for 2012 was?

Reference no: EM13593418

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