he directors are mindful of the need to retain funds for working capital and estimate he company needs working capital of at least $6,500,000. ssues they seek advice on: 1. Is there a profit at law from which the directors of Metrix can pay a dividend if they wish to do so? The board of directors of Metrix has had a history in the past of paying dividends each year of approximately 15% of the retained earnings of the company at the end of the year. 2. If they do decide to pay a dividend of 15% of retained earnings, would you recommend it or not