What was the firm''s net profit after taxes in 2007


A firm had year end 2007 and 2008 retained earnings balances of $670,000 and $560,000, respectively. The firm paid $10,000 in dividends in 2008. what was the firm's net profit after taxes in 2007 ?

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Accounting Basics: What was the firm''s net profit after taxes in 2007
Reference No:- TGS091837

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