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Assume That the Profit Margin and the Dividend Payout Ratio

Question 108

Multiple Choice

Assume that the profit margin and the dividend payout ratio of Rondolo, Inc, are constant. If sales increase by 22%, what is the projected addition to retained earnings ($ in millions) ? A) $218.03 B) $466.67 C) $516.06 D) $630.74
Assume that the profit margin and the dividend payout ratio of Rondolo, Inc, are constant. If sales increase by 22%, what is the projected addition to retained earnings ($ in millions) ? A) $218.03 B) $466.67 C) $516.06 D) $630.74 Assume that the profit margin and the dividend payout ratio of Rondolo, Inc, are constant. If sales increase by 22%, what is the projected addition to retained earnings ($ in millions) ?


A) $218.03
B) $466.67
C) $516.06
D) $630.74

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