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A company paid out 30 million in dividends and reported 300

A company paid out $30 million in dividends and reported $300 million of retained earnings in 2015. The retained earnings in 2014 was $230 million. What was the net income of this company in 2015? $120 million $100 million $75 million $118 million None of the answers given is correct

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Financial Management: A company paid out 30 million in dividends and reported 300

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