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Business, 07.05.2020 02:12 savannahvargas512

During 2008, Bascom Bakery paid out $33,525 of common dividends. It ended the year with $155,000 of retained earnings versus the prior year’s retained earnings of $159,600. How much net income did the firm earn during the year?

A) $27,768

B) $28,925

C) $28,057

D) $23,719

E) $24,008

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During 2008, Bascom Bakery paid out $33,525 of common dividends. It ended the year with $155,000 of...
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