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Unit Sales = 6000 Price per unit = $ 115 Variable cost per unit = $ 61 Total fixed cost = $ 162,000 Tax =

Unit Sales = 6000 Price per unit = $ 115 Variable cost per unit = $ 61 Total fixed cost = $ 162,000 Tax = 22%

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At the end of the period, the company decides to make business reinvestments for new ventures with the total capital required is $ 90,000, if the target equity ratio is 70%.

What is the dividend and payout ratio?

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