25 on march 1 toms wear had a beginning balance in retained, Financial Management

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25 on march 1 toms wear had a beginning balance in retained

25. On March 1, Tom’s Wear had a beginning balance in retained earnings of $1,250. During March, Tom’s Wear paid $100 in dividends and had net income of $2,000. The March 31 balance in retained earnings was: a. $1,150. b. $3,150. c. $3,350. d. $7,350.

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Financial Management: 25 on march 1 toms wear had a beginning balance in retained

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Financial Management: 25 on march 1 toms wear had a beginning balance in retained

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