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The retention ratio is Multiple Choice equal to net income divided by the change in total equity. the dollar increase in net income divided by
The retention ratio is
Multiple Choice
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equal to net income divided by the change in total equity.
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the dollar increase in net income divided by the dollar increase in sales.
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None of the options are correct.
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equal to one minus the asset turnover ratio.
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the change in retained earnings divided by the dividends paid.
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the percentage of net income available to the firm to fund future growth.
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