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Business, 12.03.2021 15:10 madisella021

Shareholders of Forest Glen Corporation have received $35,000 in dividends in the current year. At year end the corporation has total assets of $500,000, total liabilities equal to $300,000, and contributed capital totaling $100,000. If retained earnings at the beginning of the year were $80,000, what was Forest Glen's net income for the current year

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Shareholders of Forest Glen Corporation have received $35,000 in dividends in the current year. At y...
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