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Blue Inc. has the following transactions for the month of April: Fees earned in cash $640,000 Expenses paid $300,000 Dividends paid $50,000 As a result
Blue Inc. has the following transactions for the month of April:
Fees earned in cash | $640,000 |
Expenses paid | $300,000 |
Dividends paid | $50,000 |
As a result of these transactions, Blue Inc.'s profitability metric:
Select one:
a. increases by $340,000.
b. decreases by $300,000.
c. increases by $290,000.
d. decreases by $640,000.
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