Business, 30.07.2020 03:01 noeltan12031

Net income is $1,000,000 for the year, EBT is $2,500,000, retained earnings in January were $5,000,000, common stock dividends paid for the year are $300,000, and common shares outstanding are 1,000,000. What are end-of-year retained earnings? Group of answer choices

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Net income is $1,000,000 for the year, EBT is $2,500,000, retained earnings in January were $5,000,0...

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