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Brief Exercise 18-14 Company has stockholders' equity of $350,000 and net income of $106,200. It...

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Brief Exercise 18-14 Company has stockholders' equity of $350,000 and net income of $106,200. It has a payout ratio of 26% and a return on assets of 18%. How much did Hollie pay in cash dividends, and what were its average total assets? Cash dividends Average total assets

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