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The Atlantic Co. Is an all-equity company with sales of $21,600, costs of $14,780, depreclation of $2,000, and taxes of $1,012 The dividend payout ratio
The Atlantic Co. Is an all-equity company with sales of $21,600, costs of $14,780, depreclation of $2,000, and taxes of $1,012 The dividend payout ratio Is 12 percent. Sales are expected to Increase by 22 percent next year. What is the pro forma addition to retalned earnings assuming all costs vary proportionately with sales? Multiple Cholce $4,899 $3.745 $3.892 $4,011 $4,088
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