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Required: 1. Complete the table below based on your spreadsheet results: (Negative amount should be indicated by a minus sign.) Year Net Income Retained Earnings
Required: 1. Complete the table below based on your spreadsheet results: (Negative amount should be indicated by a minus sign.) Year Net Income Retained Earnings 2. Assume revenues increase 20% In both Years 1 and 4, what would the revised balances be? (Negative amount should be indicated by a minus sign.) Year Net Income Retained Earnings Required: 1. Complete the table below based on your spreadsheet results: (Negative amount should be indicated by a minus sign.) Year Net Income Retained Earnings 2. Assume revenues increase 20% In both Years 1 and 4, what would the revised balances be? (Negative amount should be indicated by a minus sign.) Year Net Income Retained Earnings
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