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Abitus Corporation has sales of $680,000, a tax rate of 25 percent, a dividend payout ratio of 40 percent, and a profit margin of 15
Abitus Corporation has sales of $680,000, a tax rate of 25 percent, a dividend payout ratio of 40 percent, and a profit margin of 15 percent. What is the addition to retained earnings?
$61,200 | ||
$65,300 | ||
$69,100 | ||
$73,400 | ||
$77,800 |
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