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Part 5 Long-Term Financing ained.Polycom Systernis earned $53 milion last year and paid out 25 pe vield ings in dividends. a. By how much did the co h. With 100 million shares mpany's retained earnings increase? outstanding and a stock price of $101, what was the dividend yield? (Hint: First compute dividends per share. The following companies have different financial statistics. cies would you recommend for them? Explain your reasons. What dividen d poli- idend 5. Hare Corp. Turtle Co. 22% Growth rate in sales and earnings .. Cash as a percentage of total assets. 4% 20 Planetary Travel Co. has $240,000,000 in stockholders' equity. Eighty million dollars is listed as common stock and the balance is in retained earnings. The firm has $500,000,000 in total assets and 2 percent of this value is in cash. Earnings for the year are $40,000,000 and are included in retained earnings a. What is the legal limit on current dividends? 6