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Matheny Inc. went public 3 years ago. The board of directors will be meeting shortly after the
end of the year to decide on a dividend policy. In the past, growth has been financed primarily
through the retention of earnings. A stock or a cash dividend has never been declared. Presented
below is a brief financial summary of Matheny Inc. operations. comment on the appropriateness
of declaring a cash dividend at this time, using the ratios computed in part b as a major factor in
your analysis

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Matheny Inc. went public 3 years ago. The board of directors will be.pdf

  • 1. Matheny Inc. went public 3 years ago. The board of directors will be meeting shortly after the end of the year to decide on a dividend policy. In the past, growth has been financed primarily through the retention of earnings. A stock or a cash dividend has never been declared. Presented below is a brief financial summary of Matheny Inc. operations. comment on the appropriateness of declaring a cash dividend at this time, using the ratios computed in part b as a major factor in your analysis