Question: please help not much time If the expected net income is $ 3,600.00, the expected dividend is $ 1,098 and the tax rate is 34%,
please help not much time
If the expected net income is $ 3,600.00, the expected dividend is $ 1,098 and the tax rate is 34%, what is the earnings retention ratio (Withheld Earnings Ratio)?
a)0.70
b)0.30
c)0.198
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