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As opposed to paying out dividends, a company’s retention ratio measures the proportion of net income kept in-house to fuel future growth. It stands in contrast to the payout ratio, which indicates the proportion of profits distributed to shareholders in the form of dividends. Retained earnings offer valuable insights into a company’s profitability, growth potential,…
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These workweeks are fixed and regularly recurring periods of 168 hours, or seven consecutive 24-hour periods. Employers should establish how much do you get paid in overtime a workweek in writing so that employees can understand what their overtime pay is based upon. By the second normal payday after the overtime work, employers are required…