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The following info pertains to bramble company what is

Question - The following info pertains to Bramble Company. Assume that all balance sheet amounts represent average balance figures:

Total assets-$360000

stockholder equity-common-$240000

total stockholders equity-$290000

Sales revenue-$94000

Net income-$21200

Numbers of shares of common stock-$6000

Common dividends-5300

Preferred dividends-$8500

What is Brambles payout ratio?

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