Question
The newspaper reported last week that Bennington Enterprises earned $34.12 million this year. The report also stated that the firms return on equity is 14
The newspaper reported last week that Bennington Enterprises earned $34.12 million this year. The report also stated that the firms return on equity is 14 percent. Bennington retains 75 percent of its earnings.
| What is the firm's earnings growth rate? What will next Years earnings be?
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Personal Finance Turning Money into Wealth
Authors: Arthur J. Keown
8th edition
134730364, 978-0134730363
