Question
Praxair, Inc. has sales of $810,000, a tax rate of 25 percent, a dividend payout ratio of 40 percent, and a profit margin of 12
Praxair, Inc. has sales of $810,000, a tax rate of 25 percent, a dividend payout ratio of 40 percent, and a profit margin of 12 percent. What is the addition to retained earnings?
| $52,480 | ||
| $58,320 | ||
| $62,120 | ||
| $65,470 | ||
| $69,640 |
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International Financial Management
Authors: Cheol S. Eun, Bruce G.Resnick
6th Edition
71316973, 978-0071316972, 78034655, 978-0078034657
