Payout ratio= dividends per share/earnings per share
First you need to multiply 52 x 40 = 2080
then you need to divide 2080 from 60,000.
The answer will be 60000/2080 is approximately $28.85
Answer:
87 or 75 dollars
Step-by-step explanation:
So first we have to 29 by 5 wich gives us 5.8 so he raked 5.8 packs of 5 bags then you multiply 15 by 5.8 so he made 87 dollars
Unless:
Your not counting the point 8 leaves in that case the answer would be 75