The change in total capitalization of RAMCO Corporation is anticipated to be + 18000,000 and a positive change in total liabilities is 7000.000. The NSI is projected to be 40% of retained earnings. it is planned to be 180% of the DPR. 

What should be the target NI?  

Answer rating: 100% (QA)

We can use the formula for calculating the target net income NI as follows Target NI Targ... View the full answer