Question
the newspaper reported last week that lowery enterprises earned $30 million this year. The report also stated that the firm's return on equity is 14%.
the newspaper reported last week that lowery enterprises earned $30 million this year. The report also stated that the firm's return on equity is 14%. lowery retains 70% of its earnings. what will next year's earnings be?
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Principles Of Managerial Finance
Authors: Chad J. Zutter, Scott Smart
16th Edition
0136945880, 978-0136945888
