Calculate the level of retained earnings at the end of


Anna Inc had $200mi of retained earnings on its balance sheet at the end of 2XX0. During 2XX1, it paid DPS = $0.50, and produced EPS = $0.92. The firm has 10mi shares of stock outstanding. Calculate the level of retained earnings at the end of 2XX1.

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Financial Management: Calculate the level of retained earnings at the end of
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