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Continued with question 3, if Jones Co. sells six cooling devices for $400 each with four of the sales being on credit, now what are
Continued with question 3, if Jones Co. sells six cooling devices for $400 each with four of the sales being on credit, now what are the retained earnings? Assume the tax rate is 40 percent and there are no dividends. $0. $1,080. O $100. $1,400. Continued with question 3, if Jones Co. sells six cooling devices for $400 each with four of the sales being on credit, now what are the retained earnings? Assume the tax rate is 40 percent and there are no dividends. $0. $1,080. O $100. $1,400
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