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Business, 01.04.2021 17:50 mat1413

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?

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