What are the pro forma retained earnings
What are the pro forma retained earnings for next year if Fake Stone, Inc. grows at a rate of 2.5 percent and both the profit margin and the dividend payout ratio remain constant?
A. $4,946.90
B. $5,023.10
C. $5,592.20
D. $5,920.67
E. $6,293.30
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AmiranteInc. manufactures an X-ray machine with an estimated life of 12 years and leases it to Chambers MedicalCenter for a period of 10 years.
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