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Which one of the following correctly defines the retention ratio? Multiple Choice Additions to retained earnings divided by dividends paid One plus the dividend payout
Which one of the following correctly defines the retention ratio?
Multiple Choice
Additions to retained earnings divided by dividends paid
One plus the dividend payout ratio
Net income minus cash dividends
None of the options are correct.
Additions to retained earnings divided by net income
Net income minus additions to retained earnings
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