Question: 1 5 Multiple Choice 3 . 5 points The board of directors of a firm with $ 1 0 0 in net income announces it

15 Multiple Choice 3.5 points
The board of directors of a firm with $100 in net income announces it will pay a $20 dividend nexd weck. The firm's retention ratio is closest to:
80%.
20%.
100%
10%.
Clear my selection
1 5 Multiple Choice 3 . 5 points The board of

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