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pompa pompa
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7 years ago
A firm's year-end retained earnings balances are $670,000 and $560,000, for 2014 and 2015 respectively. The firm paid $10,000 in dividends in 2015. The firm's net profit after taxes in 2015 was ________.
A) -$100,000
B) -$110,000
C) $100,000
D) $110,000
Textbook 
Principles of Managerial Finance

Principles of Managerial Finance


Edition: 14th
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UlainUlain
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pompa Author
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7 years ago
Thank you, thank you, thank you!
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Just got PERFECT on my quiz
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