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Business, 05.05.2020 05:37 ericamoody14
Snowberry Corporation had a net increase in Retained Earnings of $182,000 for the year. The corporation also paid $56,000 of cash dividends that had been declared in the previous year. This year, the corporation declared $50,400 of dividends but has not paid them as of year-end. Given this information, the net income for the current year must have been:
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Snowberry Corporation had a net increase in Retained Earnings of $182,000 for the year. The corporat...
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