Business, 04.03.2020 05:34 morgannwaldrupp

The newspaper reported last week that Bennington Enterprises earned $28 million this year. The report also stated that the firm�s return on equity is 15 percent. Bennington retains 70 percent of its earnings.

Required:
(a)
What is the firm's earnings growth rate?

(b)
What will firm's next year's earnings be?

Answers: 1

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