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Planetary Travel Co. has $197,000,000 in stockholders equity. Common stock is $40,000,000 and the balance is retained earnings. The firm has $265,000,000 in total assets

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Planetary Travel Co. has $197,000,000 in stockholders equity. Common stock is $40,000,000 and the balance is retained earnings. The firm has $265,000,000 in total assets and 2 percent of this value is in cash. Earnings for the year are $26,000,000 and are included in retained earnings. o. What is the legal imit on cuwent divicends? (Do not round intermediote colculations. Input your answer in dollars, not millions (e.9.51,234,000)) b. What 15 the practicaf jimit besed priquidity? (Do not round intermediate colculotions. Input your onswer in dollors. not millions (e.9.51,234,000)) W. What is the practical limit based on liquidity? (Do not round intermediate calculations. Input your answer in dollars, not millions (.,91,234,000). c. If the company pays out the amount in part b. what is the dividend payout ration (Do not round intermediate calculations. Input your answer os a percent rounded to 2 decimol places.)

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