Question
A company currently has sales of $871,830, a tax rate of 25%, a dividend payout ratio of 33%, and expenses excluding taxes of $741,020. What
A company currently has sales of $871,830, a tax rate of 25%, a dividend payout ratio of 33%, and expenses excluding taxes of $741,020. What is the anticipated increase to retained earnings if sales are expected to increase by 6.75%, and expenses excl. taxes are proportional to sales?
| $63,152 | |
|
| $64,906 |
|
| $66,660 |
|
| $68,415 |
|
| $70,169 |
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Mergers Acquisitions And Other Restructuring Activities
Authors: Donald DePamphilis
9th Edition
0128016094, 978-0128016091
