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Merino Enterprises has net income of $1,600 for the year and paid out $400 in dividends to its stockholders. What is the dollar increase in

Merino Enterprises has net income of $1,600 for the year and paid out $400 in dividends to its stockholders.

What is the dollar increase in retained earnings?

What is the dividend payout ratio?

What is the plowback ratio?

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