with sales. The tax rate and the dividend payout ratio are fixed. Given this information, the: Multiple Cnoice projected dividends must equal the current dividends. depreclation expense will decrease oy 5 percent. retained earnings will increase by 76 percent of projected het income. iotal assets wilincrease oy ess thar 5 percen. total labilizee and owners equicy :il ncrease by 5 percent