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Question 22 The following companies have different financial statistics. Growth rate in sales and earnings Cash as a percentage of total assets Turtle Co. 88

Question 22
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The following companies have different financial statistics. Growth rate in sales and earnings Cash as a percentage of total assets Turtle Co. 88 15 Hare Corp 216 4 a. What dividend policy would you recommend for Turtle Co.? O Low payout ratio O High payout ratio b. What dividend policy would you recommend for Hare Corp.? O Low payout ratio High payout ratio

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