Multiple Choice
The Golden Slipper has sales of $487,900,EBIT of $128,650,taxes of 35 percent,interest paid of $12,400,and a dividend payout ratio of 40 percent.What is the common-size ratio of the addition to retained earnings?
A) 10.31%
B) 9) 29%
C) 14.43%
D) 11.74%
E) 6) 87%
Correct Answer:
Verified
Correct Answer:
Verified
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