What are the pro forma retained earnings for next year if Fake Stone, Inc.grows at a rate of 2.5 percent and both the profit margin and the dividend payout ratio remain constant?
A)$4,946.90
B)$5,023.10
C)$5,592.20
D)$5,920.67
E)$6,293.30

Question

What are the pro forma retained earnings for next year if Fake Stone, Inc.grows at a rate of 2.5 percent and both the profit margin and the dividend payout ratio remain constant?
A)$4,946.90 
B)$5,023.10 
C)$5,592.20 
D)$5,920.67 
E)$6,293.30

Quizplus · Accepted Answer

The Answer of  
What are the pro forma retained earnings for next year if Fake Stone, Inc.grows at a rate of 2.5 percent and both the profit margin and the dividend payout ratio remain constant?
A)$4,946.90 
B)$5,023.10 
C)$5,592.20 
D)$5,920.67 
E)$6,293.30

What Are the Pro Forma Retained Earnings for Next Year