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The newspaper reported that Bennington Enterprises earned 28 million this year. The report also reported that the firmsreturn on equity (asset) is...

The newspaper reported that Bennington Enterprises earned 28 million this year. The report also reported that the firmsreturn on equity (asset) is 15%.Bennington Retains 70% of its earnings.What is the firms earnings growth rate? what will next years be?

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Finance-8095782.doc

Question:
The newspaper reported last week that Bennington Enterprises earned $28 million this year.
The report also stated that the firm's return on equity is 15 percent. Bennington retains 70...

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