FINC 5890 - The Golden Slipper has sales of $487,900, EBIT of $128,650
Question # 00636109
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Updated on: 01/11/2018 03:57 AM Due on: 01/11/2018
The Golden Slipper has sales of $487,900, EBIT of $128,650, taxes of 35 percent, interest paid of $12,400, and a dividend payout ratio of 40 percent. What is the common-size ratio of the addition to retained earnings?
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Rating:
/5
Solution: FINC 5890 - The Golden Slipper has sales of $487,900, EBIT of $128,650