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In 2003, the Lo-Grow Company had $15 million in equity, a net income of $1,800,000. Lo-Grow paid out 60% of its net income as dividends.
In 2003, the Lo-Grow Company had $15 million in equity, a net income of $1,800,000. Lo-Grow paid out 60% of its net income as dividends. The ROE and retained earnings for Lo-Grow are
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Pacific Economic Monitor July 2013
Authors: Asian Development Bank
1st Edition
9292541552,9292541560
