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Consider the Income Statement for Heir Jordan Corporation

Question 75

Multiple Choice

Consider the income statement for Heir Jordan Corporation: Consider the income statement for Heir Jordan Corporation: A 22 percent growth rate in sales is projected.What is the pro forma addition to retained earnings assuming all costs vary proportionately with sales? A) $6,299 B) $7,303 C) $7,890 D) $8,011 E) $8,164
A 22 percent growth rate in sales is projected.What is the pro forma addition to retained earnings assuming all costs vary proportionately with sales?


A) $6,299
B) $7,303
C) $7,890
D) $8,011
E) $8,164

Correct Answer:

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