Retention ratio = (net income - dividends) / net income
retention ratio = (20,000 - 6000) / 20000 = 14,000/20,000 = 0.7 = 70%
Oh that’s on safari i just looked it up lol. go check it out. sorry if it’s not there for u. but i didn’t feel like typing that much
Think your answer would be C or D.
it's your choice to decide between those two now.
Answer:
b-m b-c b-r
Step-by-step explanation:
