destinyrenowden6565 destinyrenowden6565
  • 13-03-2024
  • Business
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DeeTour Mining and Osysco Mining are two firms that are equal in every way except for their retention ratios. DeeTour Mining has a 35 percent retention ratio. Osysco Mining has a 40 percent retention:

a) DeeTour Mining has higher dividends.
b) Osysco Mining has higher dividends.
c) Both have the same dividends.
d) Information insufficient to determine.

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