-Please Refer to Oscar's Financial Statements

question 15

Multiple Choice

-Please refer to Oscar's financial statements.Sales are projected to increase by 3 percent next year.The profit margin and the dividend payout ratio are projected to remain constant.What is the projected addition to retained earnings for next year?

• A) $1,309.19
• B) $1,421.40
• C) $1,884.90
• D) $2,667.78
• E) $3,001.40
• F) None of the above.

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Definitions:

Optic Nerve

The nerve that transmits sensory information from the eye to the brain.

Occipital Lobe

is the region of the brain located at the back of the head, responsible for processing visual information.

Pupils

The opening in the center of the iris of the eye, which regulates the amount of light that enters the eye.

Rods

Rod-shaped photoreceptors that are sensitive only to the intensity of light.