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Cross Corporation has Net Income of $4,095. Their retention ratio is 65%. How much will they payout in dividends this year? Multiple Choice $1,000 $1,433

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Cross Corporation has Net Income of $4,095. Their retention ratio is 65%. How much will they payout in dividends this year? Multiple Choice $1,000 $1,433 $2.033 $2,662 $4,000

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