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A company's internal growth rate is 7%. ROA is 11% and the company paid $40,000 in dividends. What was the addition to retained earnings? A.
A company's internal growth rate is 7%. ROA is 11% and the company paid $40,000 in dividends. What was the addition to retained earnings?
| A. | $59,000 | |
| B. | $70,000 | |
| C. | $79,000 | |
| D. | $99,000 |
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Technical Analysis The Complete Resource For Financial Market Technicians
Authors: Charles Kirkpatrick, Julie Dahlquist
3rd Edition
0134137043, 978-0134137049
