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30. Peach Tree Boutique reported net income for 2022 of $938,200 and the company paid dividends of $1.05 per share in 2022. Given this information
30. Peach Tree Boutique reported net income for 2022 of $938,200 and the company paid dividends of $1.05 per share in 2022. Given this information (along with the data provided above), compute what Peach Tree Boutique reported as retained earnings on its December 31, 2021 balance sheet? (Assume that no additional shares of stock were issued between December 31, 2021 and December 31, 2022)
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International Public Financial Management Essentials Of Public Sector Accounting
Authors: Gary Bandy
1st Edition
081535634X, 978-0815356349
