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year 2010 ending retained earnings were $2 million. Year 2011 forcasted sales are $100,000 with a 25% net margin and 20% dividend payout ratio. What
year 2010 ending retained earnings were $2 million. Year 2011 forcasted sales are $100,000 with a 25% net margin and 20% dividend payout ratio. What are the forcasted retained earnings for year 2011
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