A company had a beginning balance in retained earnings of $44,300. It had net income of $7,300 and paid out cash dividends of $5,950 in the current period. The ending balance in retained earnings equals:
Multiple Choice
$45,650.
$13,250.
$42,950.
$57,550.
$5,950.
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A company had a beginning balance in retained earnings of $44,300. It had net income of...
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