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The Following Balance Sheet and Income Statement Should Be Used

Question 54

Multiple Choice

The following balance sheet and income statement should be used: The following balance sheet and income statement should be used: What is the projected addition to retained earnings if Taylor, Inc. grows at the internal rate of growth and both the profit margin and the dividend payout ratio remain constant? A) $1,326.45 B) $1,387.22 C) $1,434.00 D) $1,490.63 E) $1,541.52 The following balance sheet and income statement should be used: What is the projected addition to retained earnings if Taylor, Inc. grows at the internal rate of growth and both the profit margin and the dividend payout ratio remain constant? A) $1,326.45 B) $1,387.22 C) $1,434.00 D) $1,490.63 E) $1,541.52 What is the projected addition to retained earnings if Taylor, Inc. grows at the internal rate of growth and both the profit margin and the dividend payout ratio remain constant?


A) $1,326.45
B) $1,387.22
C) $1,434.00
D) $1,490.63
E) $1,541.52

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