Which one of the following correctly defines the retention ratio?
A. one plus the dividend payout ratio
B. addition to retained earnings divided by net income
C. addition to retained earnings divided by dividends paid
D. net income minus additions to retained earnings
E. net income minus cash dividends
Ans: B. addition to retained earnings divided by net income
Business
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A) are supplied by several well-established manufacturers B) were essentially made obsolete by Microsoft Access C) have poor response time D) are not true DBMS products
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