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The newspaper reported last week that Bennington Enterprises earned $34.19 million this year. The report...

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Finance

The newspaper reported last week that Bennington Enterprises earned $34.19 million this year. The report also stated that the firms return on equity is 15 percent. Bennington retains 75 percent of its earnings. What is the firm's earnings growth rate? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Earnings growth rate % What will next year's earnings be? (Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, e.g., 1,234,567. Round your answer to the nearest whole number, e.g., 32.) Next years earnings $

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