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Title: On December 31, 2014, Bradshaw Corporation had $485,000 as an ending balance for its retained ... Post by: betterway on Mar 6, 2017 On December 31, 2014, Bradshaw Corporation had $485,000 as an ending balance for its retained earnings account. During 2015, the corporation declared a $3.50/share dividend to its stockholders. The company has 35,000 shares of common stock outstanding. When the books were closed for 2015 year end, the corporation had a final retained earnings balance of $565,000. What was the net profit earned by Bradshaw Corporation during 2015?
Title: Re: On December 31, 2014, Bradshaw Corporation had $485,000 as an ending balance for its retained ... Post by: cloveb on Mar 11, 2017 See attached for solution. :)
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