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You are given the following information for last year for Campus Dining, Inc. (CDI). Sales $9,600 SG&A Expenses $430 Cost of goods sold $4,400 Interest

You are given the following information for last year for Campus Dining, Inc. (CDI).

Sales $9,600
SG&A Expenses $430
Cost of goods sold $4,400
Interest expense $320
Depreciation expense $480
Taxes $1,191
Dividends $806

What was the retention ratio for CDI?

A.

83%

B.

68%

C.

74%

D.

77%

E.

80%

F.

71%

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