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Dobsons Auto earned $500,000 last year and had a 20% dividend payout ratio. How much did the firm add to its retained earnings?
Dobsons Auto earned $500,000 last year and had a 20% dividend payout ratio. How much did the firm add to its retained earnings?
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Multinational Business Finance
Authors: David K. Eiteman, Arthur I. Stonehill, Michael H. Moffett
11th Edition
0321357965, 978-0321357960
