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Questions 1 and 2 are based on the following information: In 2021 , sales of the firm are RM251,000 and are expected to increase by

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Questions 1 and 2 are based on the following information: In 2021 , sales of the firm are RM251,000 and are expected to increase by 15 percent in 2022. The net profit margin is 10 percent and the dividend payout ratio is maintained at 40 percent. This firm is oberatina at full capacitv. 2. Compute the new retained earnings for the firm. Answer RM17,319 B.RM37,060 C.RM39,319 D. RM33,546

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