Pastry Incorporated has a profit margin is 6% and the firm has a dividend payout ratio...
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Pastry Incorporated has a profit margin is 6% and the firm has a dividend payout ratio of 10%. Pastry Incorporated expects sales of $1,008,750 next year. What is the projected increase in retained earnings? Select one: $6,960.40 $54,472.50 $45,393.75 $20,640.25 O $38,001.50 Pastry Incorporated has a profit margin is 6% and the firm has a dividend payout ratio of 10%. Pastry Incorporated expects sales of $1,008,750 next year. What is the projected increase in retained earnings? Select one: $6,960.40 $54,472.50 $45,393.75 $20,640.25 O $38,001.50
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Profit margin 6 Expected sales next year 1008750 Net income Expected sales next year ... View the full answer
Related Book For
Fundamentals of Corporate Finance
ISBN: 978-0077861629
8th edition
Authors: Richard Brealey, Stewart Myers, Alan Marcus
Posted Date:
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