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3:48 A company had a beginning balance in retained earnings of $430,000. It had net income of $60,000 and declared and paid cash dividends of
3:48 A company had a beginning balance in retained earnings of $430,000. It had net income of $60,000 and declared and paid cash dividends of $56,250 in the current period. The ending balance in retained earnings equals: Multiple Choice O $490,000. $426,250. $546,250 $433,750 $116.250
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