Quick question: If I have net income of $3600, expected dividend of 1098 and a 34% tax rate, how would I figure my retention ratio?
What is the retention ratio? How is the retention ratio calculated?
The amount, expressed as a percentage, of a company's earnings that is retained in a given ...
The solution presents an explanation of the retention ratio and then calculated the answer based on data provided in the posting. The information about the tax rate is explained in relation to the ratio.