Answer:
The amount will retained earnings increase if sales are projected to increase by 11 percent is $327,45
Explanation:
In order to calculate the amount will retained earnings increase if sales are projected to increase by 11 percent we would have to make the following calculation:
amount will retained earnings increase=(net income-dividends)*increase percentage
amount will retained earnings increase= ($420-$125)*1.11
amount will retained earnings increase= $ 327.45
The amount will retained earnings increase if sales are projected to increase by 11 percent is $327,45