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A company has sales of $1,440,000, a tax rate of 25 percent, a dividend payout ratio of 40 percent, and a profit margin of 9.2
A company has sales of $1,440,000, a tax rate of 25 percent, a dividend payout ratio of 40 percent, and a profit margin of 9.2 percent. What is the addition to retained earnings? $86,400 $84,672 $82,944 $81,216 $79,488
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Development Finance Innovations For Sustainable Growth
Authors: Nicholas Biekpe, Danny Cassimon, Andrew William Mullineux
1st Edition
331954165X, 978-3319541655
