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thanks in advance, please. Fitz Inc., a pharmaceutical company, reported net income for fiscal 2016 of $14,430 million, retained earnings at the start of the
thanks in advance, please.
Fitz Inc., a pharmaceutical company, reported net income for fiscal 2016 of $14,430 million, retained earnings at the start of the year of $143,986 million and dividends of $14,896 million, and other transactions with shareholders that increased retained earnings during the year by $28 million. If there were no additional transactions during the year that affected retained earnings, what was the balance of retained earnings at the end of the year? Select one: a. $144,424 million b. $143,492 million C. There is not enough information to calculate the amount. O d. $143,548 million e. $114,688 millionStep by Step Solution
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