EXLO Company Has Current Sales of $100,000 and Projected Annual

question 22

Multiple Choice

EXLO Company has current sales of $100,000 and projected annual sales growth of 5%, profit margins of 3%, and its dividend policy is to have a dividend payout of 15% of net income per year.Ignoring income taxes, the forecasted change to retained earnings for next year is:

• A)$472.50
• B)$2,677.50
• C)$16,222.50
• D)$91,927.50

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Definitions:

Nutritional Disorder

Health issues that arise from intake that is either insufficient or excessive in some nutrients.

Dense Regular Connective Tissue

A type of connective tissue with collagen fibers arranged in parallel patterns, providing strength and structure to tendons and ligaments.

Collagen And Elastin

Proteins in connective tissues that provide strength, flexibility, and elasticity to skin, tendons, and ligaments.

Extracellular Matrix

An intricate matrix of proteins and sugars external to cells that offers both structural and biochemical support to the nearby cells.