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a firm had year end retained earnings balances of $670,000 in 2004 and $560,000 in 2005.The firm reported net profits after taxes of $100,000 in

a firm had year end retained earnings balances of $670,000 in 2004 and $560,000 in 2005.The firm reported net profits after taxes of $100,000 in 2005.The firm paid how much in dividends in 2005?

a.$110,000

b.$210,000

c.$100,000

d.$10,000

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