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PART 2 Using accounting equation - 10 marks An analyst has collected the following information regarding a company in advance of its year-end earnings announcement

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PART 2 Using accounting equation - 10 marks An analyst has collected the following information regarding a company in advance of its year-end earnings announcement (amount in Emillions): Estimated Net income Beginning Retained earnings Estimated distributions to owners 150 2,000 50 Estimated ending retained earnings should be closed to: A 2,000 B 2,100 C 2,150 D 2,200

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