Kizspy Question: 34
(Choose 1 answer)
Tradewinds Corp. has revenues of $9,651,220, costs of goods sold of $6,080,412, interest payment of
$511,233, and a tax rate of 34 percent. It paid dividends of $1,384, 125 to shareholders. Find the firm's dividend
payout ratio and retention ratio. (Round the percentage answer to nearest whole number.)
A. 66%, 34%
B. 25%, 75%
C. 69%, 31%
D. 34%, 66%
