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Which one of the following is correct for a firm with $476,000 in net earnings, 51,000 shares, and a 30% payout ratio? Multiple Choice Retained

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Which one of the following is correct for a firm with $476,000 in net earnings, 51,000 shares, and a 30% payout ratio? Multiple Choice Retained earnings will increase by $142,800. Each share will receive a $1.40 dividend. $142,800 will be spent on new investments. The dividend per share will be $2.80

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