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The Profit Margin, the Debt-Equity Ratio, and the Dividend Payout

Question 97

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The profit margin, the debt-equity ratio, and the dividend payout ratio for Fake Stone, Inc.are constant.Sales are expected to increase by $1,062 next year.What is the projected addition to retained earnings for next year? A) $92.34 B) $188.55 C) $1,909.16 D) $2,144.34 E) $2,386.08 The profit margin, the debt-equity ratio, and the dividend payout ratio for Fake Stone, Inc.are constant.Sales are expected to increase by $1,062 next year.What is the projected addition to retained earnings for next year? A) $92.34 B) $188.55 C) $1,909.16 D) $2,144.34 E) $2,386.08
The profit margin, the debt-equity ratio, and the dividend payout ratio for Fake Stone, Inc.are constant.Sales are expected to increase by $1,062 next year.What is the projected addition to retained earnings for next year?


A) $92.34
B) $188.55
C) $1,909.16
D) $2,144.34
E) $2,386.08

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