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    Last year the Bulls Business Bureau (BBB) retained $400,000 of the $1 million net income it generated. This year BBB generated net income equal to $1.2 million. If BBB follows the constant payout ratio dividend policy, how much should be paid in dividends this year?

    +1  Views: 1793 Answers: 1 Posted: 14 years ago
    Clonge

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