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-If Smith Pays Out 25% of Their Projected Net Income

Question 6

Multiple Choice

-If Smith pays out 25% of their projected net income as dividends,what will be the company's addition to retained earnings,if sales grow by 25% and all items on the income statement grow proportionally with sales? A) $222.75 B) $55.68 C) $167.07 D) $107.25 -If Smith pays out 25% of their projected net income as dividends,what will be the company's addition to retained earnings,if sales grow by 25% and all items on the income statement grow proportionally with sales? A) $222.75 B) $55.68 C) $167.07 D) $107.25
-If Smith pays out 25% of their projected net income as dividends,what will be the company's addition to retained earnings,if sales grow by 25% and all items on the income statement grow proportionally with sales?


A) $222.75
B) $55.68
C) $167.07
D) $107.25

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