The newspaper reported last week that Bennington Enterprises earned $29 million this year. The report also stated
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The newspaper reported last week that Bennington Enterprises earned $29 million this year. The report also stated that the firm's return on equity is 17 percent. Bennington retains 80 percent of its earnings. What is the firm's earnings growth rate? What will next year's earnings be?
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Related Book For
Corporate Finance
ISBN: 978-0077861759
11th edition
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Bradford Jordan
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