Question
The following companies have different financial statistics. Turtle Co. Hare Corp. Growth rate in sales and earnings 22 % 4 % Cash as a percentage
The following companies have different financial statistics.
| Turtle Co. | Hare Corp. | ||||||
| Growth rate in sales and earnings | 22 | % | 4 | % | |||
| Cash as a percentage of total assets | 5 | 20 | |||||
a. What dividend policy would you recommend for Turtle Co.?
| High payout ratio | |
| Low payout ratio
|
b. What dividend policy would you recommend for Hare Corp.?
| High payout ratio | |
| Low payout ratio |
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Money Banking And Financial Markets
Authors: Lloyd B. Thomas
1st International Edition
0070644365, 9780070644366
