Building an Income Statement The UK insurance firm, Wheeler & Fox, had revenue of 38,440 million, total
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Building an Income Statement The UK insurance firm, Wheeler & Fox, had revenue of £38,440 million, total expenses of £37,133 million, tax of £487 million and zero depreciation. What is the net income for the firm? Wheeler & Fox paid out £238 million in cash dividends. What is the addition to retained earnings?
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