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If the expected net income is $ 3,600.00, the expected dividend is $ 1,098 and the tax rate is 34%, what is the earnings retention

If the expected net income is $ 3,600.00, the expected dividend is $ 1,098 and the tax rate is 34%, what is the earnings retention ratio (Withheld Earnings Ratio)? Question 5 options: 0.70 0.30 0.198

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