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5. value: 3.34 points A company had a beginning balance in retained earnings of $44,200. It had net income of $7,200 and paid out cash
5. value: 3.34 points A company had a beginning balance in retained earnings of $44,200. It had net income of $7,200 and paid out cash dividends of $5,925 in the current period. The ending balance in retained earnings equals: O $57,325. O $5,925. O $45,475. O $13,125. O $42,925
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