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Business, 11.03.2020 22:17 rlevkovch

If the projected net earnings is $5m and the dividend payout ratio is 60%, what is the projected retained earnings at the end of the next year if the retained earnings at the end of this year is $10m? a. $6m b. $9m c. $10m d. $11m e. $12m

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If the projected net earnings is $5m and the dividend payout ratio is 60%, what is the projected ret...
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