Consider the following information about RMR Autos: EBIT = $2,000 Interest Expense = $200 Corporate Income Tax Rate = 30

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answerhappygod
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Consider the following information about RMR Autos: EBIT = $2,000 Interest Expense = $200 Corporate Income Tax Rate = 30

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Consider the following information about RMR Autos: EBIT =$2,000 Interest Expense = $200 Corporate Income Tax Rate = 30%.Companies pays out 40% of its earnings as dividends to commonshareholders. Calculate RMR Autos retained earnings
$1,080
$504
$756
$1,260
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