Consider the income statement for Heir Jordan Corporation: A 22 percent growth rate in sales is projected.What is the pro forma addition to retained earnings assuming all costs vary proportionately with sales?
A)$6,299
B)$7,303
C)$7,890
D)$8,011
E)$8,164

Question

Consider the income statement for Heir Jordan Corporation:  A 22 percent growth rate in sales is projected.What is the pro forma addition to retained earnings assuming all costs vary proportionately with sales?
A)$6,299 
B)$7,303 
C)$7,890 
D)$8,011 
E)$8,164

Quizplus · Accepted Answer

The Answer of Consider the income statement for Heir Jordan Corporation:  A 22 percent growth rate in sales is projected.What is the pro forma addition to retained earnings assuming all costs vary proportionately with sales?
A)$6,299 
B)$7,303 
C)$7,890 
D)$8,011 
E)$8,164

Consider the Income Statement for Heir Jordan Corporation: a 22