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If a corporation earns $300,000 and the payout ratio (proportiondistributed) is 30 percent, what is the change in retainedearnings? Round your answer to the nearest

If a corporation earns $300,000 and the payout ratio (proportiondistributed) is 30 percent, what is the change in retainedearnings? Round your answer to the nearest dollar. 2 answers

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