Question
9. value: 0.60 points Swank Clothiers earned $1,480 million last year and had a 30 percent payout ratio. How much did the firm add to
9.
value: 0.60 points
| Swank Clothiers earned $1,480 million last year and had a 30 percent payout ratio. |
| How much did the firm add to its retained earnings? (Do not round intermediate calculations. Input your answer in dollars, not millions (e.g., $1,234,000).) |
| Addition to retained earnings | $ |
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The Internal Auditing Pocket Guide Preparing Performing Reporting And Follow Up
Authors: J.P. Russell
2nd Edition
1636941303, 978-1636941301
