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If a corporation earns $270,000 and the payout ratio (proportion distributed) is 30 percent, what is the change in retained earnings. Please explain in detail:-)
If a corporation earns $270,000 and the payout ratio (proportion distributed) is 30 percent, what is the change in retained earnings.
Please explain in detail:-)
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The Finance Book
Authors: Stuart Warner, Si Hussain
2nd Edition
1292401982, 978-1292401980
