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A firm has sales of $ 4 2 8 , 0 0 0 for the year. The profit margin is 3 . 4 percent and

A firm has sales of $428,000 for the year. The profit margin is 3.4 percent and the retention ratio is 60 percent. What is the common-size percentage for the dividends paid?
A firm has sales of $428,000 for the year. The profit margin is 3.4 percent and the retention ratio is 60 percent. What is the common-size percentage for the dividends paid?
0.99 percent
1.36 percent
1.18 percent
1.42 percent
1.21 percent

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