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P4 (5 points): 25. The Cookie Shoppe expects sales of $437,500 next year. The profit margin is 5.3 percent and the frm hs percent dividend

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P4 (5 points): 25. The Cookie Shoppe expects sales of $437,500 next year. The profit margin is 5.3 percent and the frm hs percent dividend payout ratio. What is the projected increase in retained eanings? A. $16,231 B. $17,500 C. $18,300 D. $20,600 E. $21,000

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