If a firm earns $375 billion in profits for the year and they retain $218 billion, what is the percent retention rate? Enter your response as a percent and do not include the percent sign. Round to 1 decimal place.

Microeconomics A Contemporary Intro
10th Edition
ISBN:9781285635101
Author:MCEACHERN
Publisher:MCEACHERN
Chapter13: Capital, Interest, Entrepreneurship, And Corporate Finance
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If a firm earns $375 billion in profits for the year and they retain $218 billion, what is the percent retention rate?

Enter your response as a percent and do not include the percent sign.  Round to 1 decimal place.

 

 

 

 

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