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Elementary,Middle School,High School,College,University,PHD
| Teaching Since: | May 2017 |
| Last Sign in: | 402 Weeks Ago, 2 Days Ago |
| Questions Answered: | 66690 |
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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016

Show transcribed image text The newspaper reported last week that Bennington Enterprises earned $34.07 million this year. The report also stated that the firm's return on equity is 16 percent. Bennington retains 75 percent of its earnings. What is the firm's earnings growth rate? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16)) Earnings growth rate % What will next year's earnings be? (Do not round intermediate calculations and enter your answer in dollars, not millions of dollars.) Next year's earnings $
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