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Please Answer the following: Ques: A firm sells PP&E valued at $2,000 in its B/S at the price of $3,000. How much do Retained Earnings

image text in transcribed Please Answer the following:

Ques: A firm sells PP\&E valued at $2,000 in its B/S at the price of $3,000. How much do Retained Earnings change assuming that there are no taxes? Your

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