The following balance sheet and income statement should be used: What is the projected addition to retained earnings if Taylor, Inc. grows at the internal rate of growth and both the proﬁt margin and the dividend payout ratio remain constant?
A) $1,326.45
B) $1,387.22
C) $1,434.00
D) $1,490.63
E) $1,541.52

Question

The following balance sheet and income statement should be used:   What is the projected addition to retained earnings if Taylor, Inc. grows at the internal rate of growth and both the proﬁt margin and the dividend payout ratio remain constant?
A) $1,326.45 
B) $1,387.22 
C) $1,434.00 
D) $1,490.63 
E) $1,541.52

Quizplus · Accepted Answer

The Answer of The following balance sheet and income statement should be used:   What is the projected addition to retained earnings if Taylor, Inc. grows at the internal rate of growth and both the proﬁt margin and the dividend payout ratio remain constant?
A) $1,326.45 
B) $1,387.22 
C) $1,434.00 
D) $1,490.63 
E) $1,541.52

The Following Balance Sheet and Income Statement Should Be Used