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Company has these amounts at end of first year: Common stock $200,000 Sales revenue 800,000 Total assets 600,000 Dividends paid 40,000 Total liabilities 320,000 What
Company has these amounts at end of first year:
Common stock $200,000
Sales revenue 800,000
Total assets 600,000
Dividends paid 40,000
Total liabilities 320,000
What are retained earnings?
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