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A firm currently has sales of $500,000, a 7% profit margin and a 50% dividend payout ratio. What is the anticipated amount of dividends to

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A firm currently has sales of $500,000, a 7% profit margin and a 50% dividend payout ratio. What is the anticipated amount of dividends to be paid to shareholders if sales are expected to increase by 10%? Select one: a. $19,250 b. $13,200 C. $14,000 d. $17,500 e. $13,860

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