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Crane Corp. has revenues of $12,338,000, costs of $9,253,500, interest payments of $414,800, and a tax rate of 34 percent. It paid dividends of $930,000
Crane Corp. has revenues of $12,338,000, costs of $9,253,500, interest payments of $414,800, and a tax rate of 34 percent. It paid dividends of $930,000 to its stockholders. What are the firms dividend payout ratio and retention ratio?
Dividend payout ratio %
Retention rate %
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