Calculate Retention Ratio Given the Following Information: Cash Dividends Paid

question 102

Multiple Choice

Calculate retention ratio given the following information: cash dividends paid = $6,000; sales = $100,000; cost of goods sold = $45,000; selling and administrative expenses = $25,000; interest
Expense = $6,000; tax rate = 30%.

• A) 64.29%
• B) 68.23%
• C) 50%
• D) 31.77%
• E) 35.71%

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Directives

Instructions or orders given with authority, which are meant to guide or command actions.

High-level Empathic Responding

A communication approach that involves deeply understanding and reflecting back the feelings and thoughts of others without judgment.

Exploration of Self

The process of introspection and self-discovery, aiming to understand one's thoughts, feelings, and behaviors.

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Deeply or seriously thoughtful, often with a degree of sadness or melancholy.