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Sports Fiji, a locally registered company earned a profit before tax of $500 000 for the financial year. Given the company tax rate of 20
- Sports Fiji, a locally registered company earned a profit before tax of $500 000 for the financial year. Given the company tax rate of 20 % and knowing that the company has 100000 issued shares for which it has declared a $1 per share dividend, calculate
- the undistributed profit for the year.
- the retention ratio.
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