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FNAN 522 Module 6 Homework_FNAN 522 Module 6 Study Guide.

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Question 1 Correct Mark 1.00 out of 1.00 Question 2 Correct Mark 1.00 out of 1.00 Started on Monday, 2 December 2019, 3:15 PM State Finished Completed on Monday, 2 December 2019, 3:21 PM Time taken 5 mins 56 secs Marks 15.00/15.00 Grade 20.00 out of 20.00 (100%) A company made $10 million in revenue, recorded $2 million in net income, and paid $750,000 in dividends last year. What was the company's pay out ratio last year? Select one: a. 7.5% b. 20.0% c. 37.5% d. 2.7%

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