$'M Retained earnings 2019 Beginning of period 2020 1,043 Plus: Net income 379 Less: Common dividends (107) (91) End of period 1,580 If net income increased 19% next period, and you used an average dividend payout ratio for the last two years then 1,293 357 Select one: O a. Forecasted next end of period Retained earnings is $2030 O b. Forecasted next end of period Retained earnings is $1909 O c. Forecasted common dividends are $ 108M Od Forecasted common dividends are $135M e. Forecasted Net income is $430M Contact us Info