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During the past year, DEF Corp. has net sales of $10,000. In addition, it has paid the shareholders $520 in dividends. Long-term debt has increased
During the past year, DEF Corp. has net sales of $10,000. In addition, it has paid the shareholders $520 in dividends. Long-term debt has increased by $370, while the retained earnings dropped by $99. What is the net income for the past year?
619
580
421
354
358
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