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Bacardi Limited is one of the largest privately held, family-owned spirits companies in the world and is known for its distilled rum. Bacardi Limited
Bacardi Limited is one of the largest privately held, family-owned spirits companies in the world and is known for its distilled rum. Bacardi Limited had a ten-fold increase in net income. As a result, they reported ending retained earnings of $2,160, net income of $620, and dividends of $980 million. What is the amount of beginning retained earnings (do not put $ sign in your answer)?
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