Multiple Choice
EXLO Company has current sales of $100,000 and projected annual sales growth of 5%,profit margins of 3%,and its dividend policy is to have a dividend payout of 15% per year.The forecasted retained earnings for next year are:
A) $472.50
B) $2,677.50
C) $16,222.50
D) $91,927.50
Correct Answer:
Verified
Correct Answer:
Verified
Q8: What is the difference between the P/E
Q31: Which one of the following is FALSE?<br>A)A
Q36: Ratios should not be used to compare
Q50: Identify three potential users of financial ratios,and
Q51: When is a productivity ratio less important
Q52: Why are leverage ratios important?<br>A) Low ROA
Q56: Which of the following are not components
Q58: GoHabs Firm has assets and liabilities with
Q59: Montreal Brewing Company has an outstanding debt
Q89: What does the contribution margin measure?<br>A)The amount