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Crane Company has stockholders' equity of $ 3 5 0 , 0 0 0 and net income of $ 9 0 , 0 0 0

Crane Company has stockholders' equity of $350,000 and net income of $90,000. It has a payout ratio of 25% and a return on assets
of 30%.
How much did Hollie pay in cash dividends, and what were its average total assets?
Cash dividends
$
Average total assets
$
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