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-Please Refer to Oscar's Financial Statements

Question 8

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-Please refer to Oscar's financial statements.Sales are projected to increase by 3 percent next year.The profit margin and the dividend payout ratio are projected to remain constant.What is the projected addition to retained earnings for next year? A) $1,309.19 B) $1,421.40 C) $1,884.90 D) $2,667.78 E) $3,001.40 F) None of the above.
-Please refer to Oscar's financial statements.Sales are projected to increase by 3 percent next year.The profit margin and the dividend payout ratio are projected to remain constant.What is the projected addition to retained earnings for next year?


A) $1,309.19
B) $1,421.40
C) $1,884.90
D) $2,667.78
E) $3,001.40
F) None of the above.

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