Question
The following companies have different financial statistics. Turtle Co. Hare Corp. Growth rate in sales and earnings 4 % 18 % Cash as a percentage
The following companies have different financial statistics.
| Turtle Co. | Hare Corp. | ||||||
| Growth rate in sales and earnings | 4 | % | 18 | % | |||
| Cash as a percentage of total assets | 22 | 4 | |||||
a. What dividend policy would you recommend for Turtle Co.?
| Low payout ratio | |
| High payout ratio |
b. What dividend policy would you recommend for Hare Corp.?
| High payout ratio | |
| Low payout ratio |
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Public Finance
Authors: Harvey Rosen, Ted Gayer
10th edition
9781259716874, 78021685, 1259716872, 978-0078021688
