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17-4 a. Given the data for the Company XYZ in 2008 as below, if the sales is expected to grow 25% in 2009, and the

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17-4 a. Given the data for the Company XYZ in 2008 as below, if the sales is expected to grow 25% in 2009, and the operating cost is 70% of the sales revenue in 2009, other things being equal, what's the dividend payout and addition to retained earnings (R/E) in 2009? Sales Operating costs EBIT Interest EBT Taxes (40%) Net income 2008 $700 500 $200 40 $160 64 96 Dividends (33.33%) Addit. to R/E $32 $164 b. What's the percentage change in dividend payout from 2008 to 2009

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