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The newspaper reported last week that Bennington Enterprises earned $34.15 million this year. The report also stated that the firms return on equity is 17
The newspaper reported last week that Bennington Enterprises earned $34.15 million this year. The report also stated that the firms return on equity is 17 percent. The firm retains 80 percent of its earnings. |
What is the firm's earnings growth rate? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) |
What will next year's earnings be? (Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, rounded to the nearest whole number, e.g., 1,234,567.) |
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