The following table presents financial information for Boss Stores, Inc., a retail chain store in the U.S.

-Use the information from Boss's annual financial statements.What is the retention ratio for 2009?
A) 0.32
B) 0.68
C) 0.97
D) 1.00
E) None of the above.

Question

The following table presents financial information for Boss Stores, Inc., a retail chain store in the U.S.
 
-Use the information from Boss's annual financial statements.What is the retention ratio for 2009?
A) 0.32 
B) 0.68 
C) 0.97 
D) 1.00 
E) None of the above.

Quizplus · Accepted Answer

The Answer of The following table presents financial information for Boss Stores, Inc., a retail chain store in the U.S.
 
-Use the information from Boss's annual financial statements.What is the retention ratio for 2009?
A) 0.32 
B) 0.68 
C) 0.97 
D) 1.00 
E) None of the above.

The Following Table Presents Financial Information for Boss Stores, Inc