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The following companies have different financial statistics. Turtle Co. Hare Corp. Growth rate in sales and earnings 6 % 18 % Cash as a percentage

The following companies have different financial statistics. Turtle Co. Hare Corp. Growth rate in sales and earnings 6 % 18 % Cash as a percentage of total assets 18 5 a. What dividend policy would you recommend for Turtle Co.? multiple choice 1 Low payout ratio High payout ratio b. What dividend policy would you recommend for Hare Corp.?

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