Question
A company had a beginning balance in retained earnings of $45,000. It had net income of $8,000 and declared and paid cash dividends of $6,125
A company had a beginning balance in retained earnings of $45,000. It had net income of $8,000 and declared and paid cash dividends of $6,125 in the current period. The ending balance in retained earnings equals:
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Strategic Market Management
Authors: David A. Aaker
5th Edition
0471177431, 9780471177432
