Question: Help please. How to do it with formulas. No excel please. Thanks 5/5 pts Question 6 A company projects the followving Sales $500 Net profit

Help please. How to do it with formulas. No excel please. Thanks

5/5 pts Question 6 A company projects the followving Sales $500 Net profit margin-10% Beginning retained earnings $200 Dividend payout ratio-20% What is the projected ending retained earnings? $250 Correct $240 $210 5/5 pts Question 7

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