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10.This year a companys net income was $500,000 and dividends of $100,000 were paid. What are forecasted dividends if the company wants to keep the
10.This year a companys net income was $500,000 and dividends of $100,000 were paid. What are forecasted dividends if the company wants to keep the payout ratio constant and sales are forecasted to be $550,000?
A. $337,500
B. $88,889
C. $110,000
D. $112,500
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