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-If Smith Pays Out 75% of Net Income as Dividends

Question 7

Multiple Choice

-If Smith pays out 75% of net income as dividends and sales are expected to grow by 25%,what are the external funds required? A) $133.06 B) $66.88 C) $121.88 D) $225.58 -If Smith pays out 75% of net income as dividends and sales are expected to grow by 25%,what are the external funds required? A) $133.06 B) $66.88 C) $121.88 D) $225.58
-If Smith pays out 75% of net income as dividends and sales are expected to grow by 25%,what are the external funds required?


A) $133.06
B) $66.88
C) $121.88
D) $225.58

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