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Which of the following is correct for a firm with $100,0 in net earnings,10,0 shares, and a30% payout ratio? A. Retained earnings will increase by $30,0 B. Each share will receive a $0.30 dividend. C. $30,0 will be spent on new investment. D. The dividend per share will equal $3.00.
D. The dividend per share will equal $3.00.
d