Answered step by step
Verified Expert Solution
Question
1 Approved Answer
What is the retention ratio? Multiple choice question. The retention ratio is equal to 1 + Dividend payout ratio. The retention ratio is the percentage
What is the retention ratio?
Multiple choice question.
The retention ratio is equal to Dividend payout ratio.
The retention ratio is the percentage of net income available to common stockholders that is added to retained earnings.
The retention ratio is the percentage of net income that is held to pay the preferred dividends.
The retention ratio is the percentage of taxable income that is retained for payment of income taxes.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started