Bobbis bagel emporium expects sales of 490000 next year the


Bobbi's Bagel Emporium expects sales of $490,000 next year. The profit margin is 6.0 percent and the firm has a 30 percent dividend payout ratio. What is the projected increase in retained earnings?

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Finance Basics: Bobbis bagel emporium expects sales of 490000 next year the
Reference No:- TGS0614527

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