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Hungry Howie's Is Currently Operating at 96 Percent of Capacity

Question 61

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Hungry Howie's is currently operating at 96 percent of capacity.The profit margin and the dividend payout ratio are projected to remain constant.Sales are projected to increase by 5 percent next year.What is the projected addition to retained earnings for next year? A) $1,309.19 B) $11,753.50 C) $1,884.90 D) $2,667.78 E) $3,001.40 Hungry Howie's is currently operating at 96 percent of capacity.The profit margin and the dividend payout ratio are projected to remain constant.Sales are projected to increase by 5 percent next year.What is the projected addition to retained earnings for next year? A) $1,309.19 B) $11,753.50 C) $1,884.90 D) $2,667.78 E) $3,001.40
Hungry Howie's is currently operating at 96 percent of capacity.The profit margin and the dividend payout ratio are projected to remain constant.Sales are projected to increase by 5 percent next year.What is the projected addition to retained earnings for next year?


A) $1,309.19
B) $11,753.50
C) $1,884.90
D) $2,667.78
E) $3,001.40

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