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The Andrews company currently has the following balances in their equity accounts: Common Stock $19,080 Retained earnings $73,713 Suppose next year the Andrews company generates
The Andrews company currently has the following balances in their equity accounts: Common Stock $19,080 Retained earnings $73,713 Suppose next year the Andrews company generates $46,300 in Net Profit, and declares and pays $16,000 in Dividends. What will Andrews ending balance in Retained Earnings be next year? Select : 1
$65,380
$108,793
$104,013
$92,793
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