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Question
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.
Answer
This answer is hidden. It contains 60 characters.
Related questions
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Q:
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Q:
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