The newspaper reported last week that Bennington Enterprises earned $34.09 million this year. The report also stated
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The newspaper reported last week that Bennington Enterprises earned $34.09 million this year. The report also stated that the firm’s return on equity is 18 percent. The firm retains 70 percent of its earnings. |
What is the firm's earnings growth rate? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) |
What will next year's earnings be? (Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, rounded to the nearest whole number, e.g., 1,234,567.) |
Related Book For
Corporate Finance
ISBN: 978-0077861759
10th edition
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe
Posted Date: