If a company earned 820 million last year and paid out 20 percent of earnings in dividends by how much did the companys retained earnings increase?

1 answer

Answer

1266623

2026-05-19 22:00

+ Follow

Company's retained earnings increased by 80%

of last year profit that is (820 million * 80%) 656 million.

ReportLike(0ShareFavorite

Copyright © 2026 eLLeNow.com All Rights Reserved.