The following companies have different financial statistics.

Turtle Company Hare Corporation

Growth rate in sales and earnings $23\%7\%$

Cash as a percentage of total assets $225$

What dividend policy would you recommend for Turtle Company?

multiple choice $1$

High payout ratio

Low payout ratio

What dividend policy would you recommend for Hare Corporation?

multiple choice $2$

Low payout ratio

High payout ratioThe following companies have different financial statistics.

a$.$ What dividend policy would you recommend for Turtle Company?

High payout ratio

Low payout ratio

b$.$ What dividend policy would you recommend for Hare Corporation?

Low payout ratio

High payout ratio