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A firm's yearminusend retained earnings balances are $670,000 and $560,000, for 2014 and 2015 respectively. The firm paid $10,000 in dividends in 2015. The firm's
A firm's
yearminusend
retained earnings balances are $670,000 and $560,000, for 2014 and 2015 respectively. The firm paid $10,000 in dividends in 2015. The firm's net profit after taxes in 2015 was ________.
A.
$110,000
B.
minus$100,000
C.
minus$110,000
D.
$100,000
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