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Required information Skip to question [The following information applies to the questions displayed below.] Boss Stores, Incorporated Selected financial information ($ millions) 2018 2019 2020

Required information Skip to question [The following information applies to the questions displayed below.] Boss Stores, Incorporated Selected financial information ($ millions) 2018 2019 2020 2021 Sales 287.31 339.19 411.78 446.84 Net income 11.22 16.48 19.70 12.23 Total assets 268.58 275.30 318.43 451.32 Equity 180.63 191.90 211.03 222.57 Dividends 0.00 5.21 0.58 0.69 Please refer to the selected financial information for Boss Stores above. What is the retention ratio for 2020? Multiple Choice 0.32 0.68 0.97 1.00 None of the options are correct.

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