Lucas has 5 million shares outstanding and the current
Lucas, Inc. earned $17 million last year and retained $9 million. Lucas has 5 million shares outstanding, and the current price of Lucas shares is $40 per share. What is the payout ratio? (Round your answer to the nearest whole percent.)
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lucas inc earned 17 million last year and retained 9 million lucas has 5 million shares outstanding and the current
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