CFA Level 1 Exam

3959 Questions

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Question No. 1

Al the end of the last 12-month period, Romano s Italian Foods had net income and ending equity for the company of $16.68 million and $115 million, respectively. Romano's declared a $7.5 million dividend for the year. Using internally generated funds, Romano's can grow its equity by approximately:

Choose the correct option from the given list.
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