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A firm had year end 2014 and 2015 retained earnings balance of 670,000 and 560,000, respectively, the firm reported net profits after taxes of 100,000

A firm had year end 2014 and 2015 retained earnings balance of 670,000 and 560,000, respectively, the firm reported net profits after taxes of 100,000 in 2015. The firm paid dividends in 2015 of

A. 110,000

B. 210,000

C. 100,000

D.10,000

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