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8. Ronaldo > Messi Inc. expects sales of $437,500 next year. The profit margin is 6.8 percent and the fim has a 30 percent dividend

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8. Ronaldo > Messi Inc. expects sales of $437,500 next year. The profit margin is 6.8 percent and the fim has a 30 percent dividend payout ratio. What is the projected increase in retained earnings? A. $14,700 B. $16,850 C. $18,300 D. $20,825 E. $29,750

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