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The Andrews company currently has the following balances

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The Andrews company currently has the following balances in their equity accounts;Common Stock $34,336;Retained earnings -$1,107,824;Suppose next year the Andrews company generates $46,300 in Net Profit, and declares and pays $16,000 in Dividends. What will Andrews ending balance in Retained Earnings be next year?;Select: 1;-$1,073,488;$80,636;-$1,057,488;-$1,077,524

 

Paper#33874 | Written in 18-Jul-2015

Price : $27
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