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Problem 18-3 Payout ratio (L018-1] Swank Clothiers earned $1,340 million last year and had a 20 percent payout ratio. How much did the firm add

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Problem 18-3 Payout ratio (L018-1] Swank Clothiers earned $1,340 million last year and had a 20 percent payout ratio. How much did the firm add to its retained earnings? (Do not round intermediate calculations. Input your answer in dollars, not millions (e.g., S1,234,000).) Addition to retained earnings

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