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Problem 2 - 1 5 Statement of Retained Earnings ( LG 2 - 1 ) Mr . Husker s Tuxedos Corp. began the year 2
Problem Statement of Retained Earnings LG
Mr Huskers Tuxedos Corp. began the year with $ million in retained earnings. The firm earned net income of $ million in and paid dividends of $ million to its preferred stockholders and $ million to its common stockholders.
What is the yearend balance in retained earnings for Mr Huskers Tuxedos? Enter your answer in millions of dollars.
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