Question
Which one of the following correctly defines the retention ratio? one plus the dividend payout ratio additions to retained earnings divided by net income additions
Which one of the following correctly defines the retention ratio?
one plus the dividend payout ratio
additions to retained earnings divided by net income
additions to retained earnings divided by dividends paid
net income minus additions to retained earnings
net income minus cash dividends
None of the above.
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Auditing Cases An Active Learning Approach
Authors: Mark S. Beasley, Frank A. Buckless, Steven M. Glover, Douglas F. Prawitt
2nd Edition
0130674842, 978-0130674845
