Multiple Choice
Which of the following are constant under the percentage of sales approach?
A) Profit margin and dividend payout ratio.
B) Addition to retained earnings and net income.
C) Dividends paid and the profit margin.
D) Costs as a percentage of sales and dividends paid.
E) Costs as a percentage of sales and the addition to retained earnings.
Correct Answer:
Verified
Correct Answer:
Verified
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