Suppose That Wind Em Corp A) $1,050,000
B) $1,240,000
C) $1,366,957

question 73

Multiple Choice

Suppose that Wind Em Corp. currently has the balance sheet shown as follows, and that sales for the year just ended were $15 million. The firm also has a profit margin of 23 percent, a retention ratio of 40 percent, and expects sales of $20 million next year. If all assets and current liabilities are expected to grow with sales, what is the projected increase in retained earnings?
$$\begin{array} { l r l r r } \text { Assets } && { \text { Iiabilities ard Equity } } \\\text { Current Assets } & \$ 2,000,000 & \text { Current Liabilities } & \$ 2,500,000 \\\text { Fixed Assets } & 8,000,000 & \text { Long-tern Debt } &1,5000,000 \\& & \text { Equity } & 6,000,000 \\\text { Total Assets } & \$ 10,000,000 & \text { Total Liabilities and Equity } & \$ 10,000,000\end{array}$$

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Definitions:

Point Mutation

A point mutation is a genetic mutation where a single nucleotide base is changed, inserted, or deleted from a sequence of DNA or RNA, potentially affecting protein function.

Nucleotide

Basic building block of nucleic acids consisting of a sugar (either ribose or deoxyribose) and one of several types of organic bases.

Aneuploidy

A condition in which an organism has either more or fewer chromosomes than the normal number, leading to genetic disorders.

Meiosis

Cell division that results in the formation of gametes. Consists of two divisions, which result in one (female) or four (male) gametes, each of which contains one-half the number of chromosomes in the parent cell.