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A venture in financial distress has Net Income of negative $5 million and Beginning Retained Earnings of $2 million. If the venture pays no dividends,
A venture in financial distress has Net Income of negative $5 million and Beginning Retained Earnings of $2 million. If the venture pays no dividends, what is the Ending Retained Earnings? Select one: a. negative $3 million b. $3 million c. $2 million d. negative $7 million
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