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i will leave a like! Net income of firm has two distinct uses. Accordingly, one of the following statements has to be true always. One
i will leave a like!
Net income of firm has two distinct uses. Accordingly, one of the following statements has to be true always. One minus the dividend payout ratio should always equal the net income of firm. The dividend payout ratio and the earnings retention ratio should always add to 1.0 The dividend payout ratio should always be the inverse of the plowback ratio. One minus the earnings retention ratio should always equal the plowback ratio Step by Step Solution
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