Retention ratio = (net income - dividends) / net income
retention ratio = (20,000 - 6000) / 20000 = 14,000/20,000 = 0.7 = 70%
The answer to this question would be D. 3(x)-3(9)
Answer:
what you marked blue is right
Step-by-step explanation:
I think
C would be the correct option
Answer:
747,26
Step-by-step explanation:
1000=x (1+0.06)^5
1000/((1+0.06)^5)=x