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11. If a company has $100 of retained earnings last year and had net loss of $20 in the current year and paid $20 of
11. If a company has $100 of retained earnings last year and had net loss of $20 in the current year and paid $20 of dividend this year, its retained earnings will become:
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Fundamentals Of Corporate Finance
Authors: Jonathan Berk, Peter DeMarzo, Jarrad Harford
5th Edition
0135811600, 978-0135811603
