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OpenStudy (anonymous):
How would I do this. "If FinBeer paid a dividend of $50 in 2009, what was the Retained Earnings balance in 2008"
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OpenStudy (anonymous):
Net Income - dividends paid = retained earnings.
OpenStudy (anonymous):
Do you need to add BruLee's answer above to the 2007 retained earnings? I think you do, but I'm unsure.
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