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The following companies have different financial statistics. Turtle Company Hare Corporation Growth rate in sales and earnings 5% 21% Cash as a percentage of total

The following companies have different financial statistics. Turtle Company Hare Corporation Growth rate in sales and earnings 5% 21% Cash as a percentage of total assets 15 2 What dividend policy would you recommend for Turtle Company? multiple choice 1 Low payout ratio High payout ratio What dividend policy would you recommend for Hare Corporation? multiple choice 2 High payout ratio Low payout ratio

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