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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.?
Low payout ratio
High payout ratio

b. What dividend policy would you recommend for Hare Corp.?
Low payout ratio
High payout ratio

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