Question 3 12 points) Blue Beets Inc. has 75,000 shares of stock outstanding with a...

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Question 3 12 points) Blue Beets Inc. has 75,000 shares of stock outstanding with a market price of $50 per share. The dividend per share is $4.00 and the payout ratio is 40%. What is the net income for the year for Blue Beets, Inc

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