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Author Question: The forecasted retained earnings balance is equal to (current retained earnings/current sales) times ... (Read 146 times)

D2AR0N

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on: Jul 10, 2018
The forecasted retained earnings balance is equal to (current retained earnings/current sales) times
  projected sales for next year.
 
  Indicate whether the statement is true or false

Question 2

In order to reduce discretionary financing needed, a profitable company could decrease its
  dividend payout ratio.
 
  Indicate whether the statement is true or false
Foundations of Finance ¦ Keown, Petty, Martin ¦ 9th Edition
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zacnyjessica

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Reply #1 on: Jul 10, 2018
Answer to Question 1

FALSE

Answer to Question 2

TRUE


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