EXERCISE 3: DISTRIBUTION OF THE PROFIT FOR THE YEAR Assume that a company earns $280,000 in profit for the year on $3 million in revenue.
The board of directors decides to keep half to pay for dividends and to reinvest the
rest in the company. Sixty percent of the retained earnings are invested in non-
current assets and the rest, in working capital for growth.
Questions
1. Calculate, as a percentage of revenue, how much would be kept in the
company for growth (i. e., working capital and non-current assets) and
how much would be used to pay dividends.
2. Explain who is responsible for deciding how much to retain in the
business and how much to pay in dividends.
3. What do you think the board of directors would do if the profit for
the year increased to $350,000?

answer: i realy don't get it that much can you me figer it out pleas you

step-by-step explanation:

the most boring ever written

step-by-step explanation:

i am writing something. yes, i plan to make it the most boring thing ever written. i go to the store. a car is parked. many cars are parked or moving. some are blue. some are tan. they have windows. in the store, there are items for sale. these include such things as soap, detergent, magazines, and lettuce. you can enhance your life with these products. soap can be used for bathing, be it in a bathtub or in a shower. apply the soap to your body and rinse. detergent is used to wash clothes. place your dirty clothes into a washing machine and add some detergent as directed on the box. select the appropriate settings on your washing machine and you should be ready to begin. magazines are stapled reading material made with glossy paper, and they cover a wide variety of topics, ranging from news and politics to business and stock market information. some magazines are concerned with more recreational topics, like sports card collecting or different kinds of hairstyles. lettuce is a vegetable.