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    Financial Accounting Study Set 17
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    Exam 1: A Framework for Financial Accounting
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    Retained Earnings at the End of the Year Is Calculated
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Retained Earnings at the End of the Year Is Calculated

Question 120

Question 120

Multiple Choice

Retained earnings at the end of the year is calculated using:


A) Beginning retained earnings,net income,and dividends.
B) Common stock and dividends.
C) Stockholders' equity,net income,and dividends.
D) Net income and dividends.

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