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Taylfoot

  • 3 years ago

How would I do this. "If FinBeer paid a dividend of $50 in 2009, what was the Retained Earnings balance in 2008"

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  1. BruLee
    • 3 years ago
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    Net Income - dividends paid = retained earnings.

  2. FabianMontescu
    • 3 years ago
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    Do you need to add BruLee's answer above to the 2007 retained earnings? I think you do, but I'm unsure.

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