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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. 18% 3 Hare

The following companies have different financial statistics. Growth rate in sales and earnings Cash as a percentage of total assets Turtle Co. 18% 3 Hare Corp. 5% 15 a. What dividend policy would you recommend for Turtle CO.? Low payout ratio O High payout ratio b. What dividend policy would you recommend for Hare Corp.? O Low payout ratio O High payout ratio

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