Last year, the Creative Artists retained $100,000 of the $250,000 net income it generated. This year, Creative generated net income equal to $275,000. If Creative follows the constant dividend payout ratio dividend policy, how much should be paid in dividends this year?

Last year, the Creative Artists retained $100,000 of the $250,000 net income it generated. This year, Creative generated net income equal to $275,000. If Creative follows the constant dividend payout ratio dividend policy, how much should be paid in dividends this year?

Last year, the Creative Artists retained $100,000 of the $250,000 net income it generated. This year, Creative generated net income equal to $275,000. If Creative follows the constant dividend payout ratio dividend policy, how much should be paid in dividends this year?
Last year, the Creative Artists retained $100,000 of the $250,000 net income it generated. This year, Creative generated net income equal to $275,000. If Creative follows the constant dividend payout ratio dividend policy, how much should be paid in dividends this year?