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Business, 18.05.2021 18:50 jellybean6487

Terps Company paid dividends of $2,410, $0, $1,570 and $1,060 over the first four years of the company's existence, respectively. If Retained Earnings has an ending balance of $9,700 at the end of year four, what was the average annual amount of net income (loss) over the first four years for Terps?

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Terps Company paid dividends of $2,410, $0, $1,570 and $1,060 over the first four years of the compa...
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