Suppose a firm pays total dividends of $165,000 out of net income of $1 million. What would
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Question:
Suppose a firm pays total dividends of $165,000 out of net income of $1 million. What would the firm's retention ratio be?
A. 1.65 %
B. 8.35 %
C. 16.50 %
D. 83.50 %
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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