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Help The balance of RE at the beginning of the year 2018 was $47,000. During the year 2018, the business paid $20,000 dividends and earned
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The balance of RE at the beginning of the year 2018 was $47,000. During the year 2018, the business paid $20,000 dividends and earned $80,000 income before tax. If the tax rate is 20%, how much will the balance of RE be at the end of 2018? O a. $91,000 O b. $107.000 O c. $147,000 O d. $97,000 Step by Step Solution
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Accounting And Financial Management For Residential Construction
Authors: Emma Shinn
6th Edition
0867187816, 9780867187816
