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Universal Corp. has beginning retained earnings of 80,000$, cash flows from operating activities during the current year of 35,000$, dividends paid during the year of
Universal Corp. has beginning retained earnings of 80,000$, cash flows from operating activities during the current year of 35,000$, dividends paid during the year of $5000, net income for the current year of $50,000, and common Stock at the end of the year of $15,000
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