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Net Operating Profit After Tax (NOPAT) for Zerkian Foods was $1.5 million dollars in 2017. Equity in the family owned business at December 31, 2016

Net Operating Profit After Tax (NOPAT) for Zerkian Foods was $1.5 million dollars in 2017. Equity in the family owned business at December 31, 2016 was $8,333,333.

Calculate What would the retention rate (RR) have to be to provide a sustainable sales growth rate (SGR) of 12%?

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