What is the retained earnings breakpoint


The earnings for Manning Company is expected to be $420,000 million. The target capital structure consists of 40% debt, 5% preferred & 55% equity. What is the retained earnings breakpoint?

  1. $687,272
  2. $840,000
  3. $725,454
  4. $763,636

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Business Management: What is the retained earnings breakpoint
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