The profit margin, the debt-equity ratio, and the dividend payout ratio for Fake Stone, Inc. are constant. Sales are expected to increase by $1,062 next year. What is the projected addition to retained earnings for next year?
A. $92.34
B. $188.55
C. $1,909.16
D. $2,144.34
E. $2,386.08
Ans: D. $2,144.34
Business
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