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Business, 04.03.2020 17:00, Oliviapuffinburger33
The Don't Tread on Me Tire Company had retained earnings at December 31, 2015 of $217,000. During 2016, the company had revenues of $417,000 and expenses of $358,500, and the company declared and paid dividends of $12,700. Retained earnings on the balance sheet as of December 31, 2016 will be.
a. $275,500.
b. $45,800.
c. $262,800.
d. $321,300
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The Don't Tread on Me Tire Company had retained earnings at December 31, 2015 of $217,000. During 20...
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