What are the pro forma retained earnings for next year if Fake Stone, Inc. grows at a rate of 2.5 percent and both the profit margin and the dividend payout ratio remain constant?

A. $4,946.90
B. $5,023.10
C. $5,592.20
D. $5,920.67
E. $6,293.30

Ans: E. $6,293.30

Business

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