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The weighted average number of shares outstanding in 2011

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Silas Corporation had net income of $200,000 and paid dividends to common stockholders of $40,000 in 2011. The weighted average number of shares outstanding in 2011 was 50,000 shares. Silas Corporation's common stock is selling for $60 per share on the New York Stock Exchange. Silas Corporation's payout ratio for 2011 is?

Reference no: EM13589555

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