What is the addition to retained earnings if Stansfield grows at the internal growth rate? (Assume the dividend payout ratio is fixed.)
A) $5.8 million
B) $13.3 million
C) $23.3 million
D) $24.9 million
E) $33.0 million

Question

What is the addition to retained earnings if Stansfield grows at the internal growth rate? (Assume the dividend payout ratio is fixed.)
A) $5.8 million 
B) $13.3 million 
C) $23.3 million 
D) $24.9 million 
E) $33.0 million

Quizplus · Accepted Answer

The Answer of   What is the addition to retained earnings if Stansfield grows at the internal growth rate? (Assume the dividend payout ratio is fixed.)
A) $5.8 million 
B) $13.3 million 
C) $23.3 million 
D) $24.9 million 
E) $33.0 million

What Is the Addition to Retained Earnings If Stansfield Grows