What is the expected dollar increase in retained earnings, Financial Management

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What is the expected dollar increase in retained earnings

This year, Phillip’s Green House expects net income of $2.8 MM and plans to maintain a 60% plowback ratio.

What is the expected dollar increase in retained earnings?

How much is expected to be paid out in dividends?

What is the dividend payout ratio?

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Financial Management: What is the expected dollar increase in retained earnings

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Financial Management: What is the expected dollar increase in retained earnings

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