XYZ Co. has the following quarterly earnings projections: 1^stquarter $25,000 loss; 2^ndquarter + $50,000; 3^rdquarter + $175,000; 4^thquarter + $115,000. The retention ratio is 40% and the company follows a cyclical dividend policy. What is the dividend for the 4^thquarter?

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The Answer of XYZ Co. has the following quarterly earnings projections: 1^stquarter $25,000 loss; 2^ndquarter + $50,000; 3^rdquarter + $175,000; 4^thquarter + $115,000. The retention ratio is 40% and the company follows a cyclical dividend policy. What is the dividend for the 4^thquarter?

XYZ Co Has the Following Quarterly Earnings Projections: 1stquarter $25,000 Loss;

XYZ Co Has the Following Quarterly Earnings Projections: 1^stquarter $25,000 Loss;