Vaughn Manufacturing had net income of $100000 and paid dividends of $27650 to common stockholders...
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Vaughn Manufacturing had net income of $100000 and paid dividends of $27650 to common stockholders and $25000 to preferred stockholders in 2020. Vaughn Manufacturings common stockholders equity at the beginning and end of 2020 was $495000 and $540000, respectively. Vaughn Manufacturings payout ratio for 2020 is
7.65%.
47.65%.
22.65%.
27.65%.
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