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Business, 15.02.2020 04:30 CrsvrBryan7852

A firm's year-end retained earnings balances are $320,000 and $400,000, for 2014 and 2015 respectively. The firm reported net profits after taxes of $ 100,000 in 2015. The firm's dividend payment for 2015 is

a) $100,000
b) $20,000
c) $0
d) $80,000

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Answers: 1

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A firm's year-end retained earnings balances are $320,000 and $400,000, for 2014 and 2015 respective...
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