3. Swank Clothiers earned $640 million last year and had a 30 percent payout ratio. How much...
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3. Swank Clothiers earned $640 million last year and had a 30 percent payout ratio.
How much did the firm add to its retained earnings?
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Related Book For 
Foundations Of Financial Management
ISBN: 9780073382388
13th Edition
Authors: Stanley B. Block, Geoffrey A. Hirt, Bartley R. Danielsen
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