Use the information in Table 4.1 to determine the 2013 dividend payout ratio for Bacon Signs
A) This question cannot be answered from the information provided.
B) $250/$7418 = 0.03
C) $463/$713 = 0.65
D) $250/$713 = 0.35
D
Explanation: D) DPO Ratio = (Div)/NI = $250/$713 = 0.35
Business
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Float exists when a payee has received funds in a spendable form but these funds have not been withdrawn from the account of the payer
Indicate whether the statement is true or false
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