Business, 13.03.2020 23:57 haileyjones732

Thelma and Louie, Inc., started the year with a balance of retained earnings of $555 million and ended the year with retained earnings of $610 million. The company paid dividends of $45 millon to the preferred stockholders and $85 million to common stockholders. Calculate Thelma and Louie's net income for the year. (Enter your answer in millions of dollars.) Net income

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Thelma and Louie, Inc., started the year with a balance of retained earnings of $555 million and end...

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