Ribbon Industries reported sales of $3 million and net income of $400,000 for 2010. The retained
earnings balance at the end of 2012 is $7 million. Ribbon Industries has a dividend payout ratio of
30%.
If sales are expected to increase by 25% next year, what will be the projected balance in
retained earnings using the percent of sales method?
A) $7,350,000 B) $6,720,000 C) $7,280,000 D) $8,750,000
C
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What will be an ideal response?
Casca Paints, a manufacturer of paints and emulsions, owns a user-friendly Web site. The Web site allows customers to upload pictures of their house and select the colors that best match their expectations
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To form the present tense of most verbs, use the verb in its original form for all persons except the third-person singular. In the third-person singular, add s to the verb
Indicate whether the statement is true or false
Which of the following is the WORST example of a generic market?
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