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Centor Corporation's unappropriated retained earnings on January 1, 2017, were $678,000. For 2017 its net income per books was $120,000. It paid cash dividends of
- Centor Corporation's unappropriated retained earnings on January 1, 2017, were $678,000. For 2017 its net income per books was $120,000. It paid cash dividends of $93,000 in 2017. Centor Corporation's unappropriated retained earnings on December 31, 2017, were:
- a.$705,000
- b.$798,000
- c.$603,000
- d.$510,000
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Equity Asset Valuation
Authors: Jerald E. Pinto, Elaine Henry, Thomas R. Robinson, John D. Stowe, Abby Cohen
2nd Edition
470571439, 470571438, 9781118364123 , 978-0470571439
