Homework Answers
Dividend Paid = 600 million * 0.75 * 4
= $1800 million or $1.8 billion
Net Income = $3.6 billion
Retention = $3.6 billion - $1.8 billion
= $1.8 billion
Retention % = (1.8 billion / 3.6 billion) * 100
Retention % = 50%
Option B is correct
Retention ratio is equals 50%
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