Sandhill, Inc., has revenue of $ 5 1 0 , 0 0 0 , costs of $
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Sandhill, Inc., has revenue of $ costs of $ and a tax rate of percent. If the firm pays out percent of its earnings as dividends every year, how much earnings are retained and what is the firm's retention ratio? Round answers to decimal places eg
Intermedite calculation is rounded to decimal places, eg
Retained earnings $
Retention ratio
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