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Sam's Factory has current sales of $43,700, EBIT of $9,600, net income of $6,500, interest expense of $1,630, and dividends paid of $1,920. Assume the

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Sam's Factory has current sales of $43,700, EBIT of $9,600, net income of $6,500, interest expense of $1,630, and dividends paid of $1,920. Assume the profit margin debt-equity ratio, and dividend payout ratio are held constant. Sales are expected to increase by $8,500 next year. What is the projected change to retained earnings for next year? A) $5,575 B) $4,909 C) $5,471 D) $5,551 E) $5,386

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