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Business, 23.07.2019 00:30 suselygonza

Last year builtrite had retained earnings of $140,000. this year, builtrite had true net profits after taxes of $65,000 which includes common stock dividends received of $10,000, and also paid a preferred dividend of $35,000. what is builtrite’s new level of retained earnings? a) $180,000 b) $190,000 c) $200,000 d) $170,000

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Last year builtrite had retained earnings of $140,000. this year, builtrite had true net profits aft...
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