Business, 24.12.2019 03:31 viktoria1198zz
The cookie shoppe expects sales of $437,500 next year. the profit margin is 4.8 percent and the firm has a 30 percent dividend payout ratio. what is the projected increase in retained earnings? a. $16,231
b. $17,500
c. $18,300
d. $20,600
e. $21,000
Answers: 2
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The cookie shoppe expects sales of $437,500 next year. the profit margin is 4.8 percent and the firm...
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