The cookie shoppe expects sales of 500000 next year at a 6
The Cookie Shoppe expects sales of $500,000 next year at a 6% pretax profit margin and an average tax rate of 33%. If it chooses to pay out 30% of its earnings as dividends, what is the projected increase in retained earnings? (Show calculation)
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the cookie shoppe expects sales of 500000 next year at a 6 pretax profit margin and an average tax rate of 33 if it
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