Maneesh 30 April 2020 at 16:05 PM

Joyer Company paid out one-half of last year's earnings in dividends. This year, Baylor's earnings increased by 20%,
and the amount of its dividends increased by 15%. Joyer's dividend payout ratio for the current year is
A) 47.9%
B)57.5%
C)50 %
D)78%