Hungry Howie's is currently operating at 96 percent of capacity.The profit margin and the dividend payout ratio are projected to remain constant.Sales are projected to increase by 5 percent next year.What is the projected addition to retained earnings for next year?
A)$1,309.19
B)$11,753.50
C)$1,884.90
D)$2,667.78
E)$3,001.40

Question

Hungry Howie's is currently operating at 96 percent of capacity.The profit margin and the dividend payout ratio are projected to remain constant.Sales are projected to increase by 5 percent next year.What is the projected addition to retained earnings for next year?
A)$1,309.19 
B)$11,753.50 
C)$1,884.90 
D)$2,667.78 
E)$3,001.40

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The Answer of  
Hungry Howie's is currently operating at 96 percent of capacity.The profit margin and the dividend payout ratio are projected to remain constant.Sales are projected to increase by 5 percent next year.What is the projected addition to retained earnings for next year?
A)$1,309.19 
B)$11,753.50 
C)$1,884.90 
D)$2,667.78 
E)$3,001.40

Hungry Howie's Is Currently Operating at 96 Percent of Capacity