Kizspy | Question: 31 (Choose 1 answer)
Drekker, Inc. has revenues of $312,766, costs of goods sold of $220,222, interest payment of $31,477, and a tax rate of 34 percent. It paid dividends of $34, 125 to shareholders. Find the firm's dividend payout ratio and retention ratio. (Round your percentage answers to nearest whole number.)
Α. 85%, 15%
B. 45%, 55%
C. 55%, 45%
D. 15%, 85%