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If Net Income for the Period Was $134,250,dividends Distributed Were

Question 245

Multiple Choice

If net income for the period was $134,250,dividends distributed were $76,530,and ending retained earnings was $862,520,what was the beginning retained earnings for the period?


A) $1,073,300
B) $651,740
C) $804,800
D) $920,240
E) $728,270

Correct Answer:

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