If Forecasted Net Income Is $3,600

question 13

Multiple Choice

If forecasted net income is $3,600.00 and the expected dividend is $1,098 and the tax rate is 34%, what is the retention ratio?

• A) 0.30.
• B) 0.198.
• C) 0.802.
• D) 0.70.

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Definitions:

Independent Variable

A variable in an experimental or observational study that is manipulated or categorized to observe its effect on dependent variables.

Interaction Effect

In statistics, the effect that occurs when the impact of one independent variable on a dependent variable varies depending on the level of another independent variable.

Independent Variable

The variable that is manipulated or changed in an experiment to see its effects on the dependent variable.

Factorial ANOVA

A statistical method for comparing the means of multiple groups across two or more independent variables.