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.
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
Section: Chapter Questions
Problem 11PAE
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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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