Multiple Choice
For the sake of simplicity, assume once again that US1's cost of sales was calculated to be CDN$3,000,000. What is the amount (in Canadian dollars) of US1's retained earnings at December 31, 2017?
A) $545,000.
B) $546,250.
C) $547,250.
D) $660,000.
Correct Answer:
Verified
Correct Answer:
Verified
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