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MInc.'s net income in 2019 was 30,000. Dividends were 10,000. Tax rate was 21%. What was M Inc's retention ratio. 33 percent 40 percent 50

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MInc.'s net income in 2019 was 30,000. Dividends were 10,000. Tax rate was 21%. What was M Inc's retention ratio. 33 percent 40 percent 50 percent 63 percent 67 percent

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