Abc company had beginning retained earnings of 1198 during, Ask an Expert

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Abc company had beginning retained earnings of $1.198. During the year, the company reported sales of $21, 449, costs of $6,696, depreciation of $1.744, dividends of $737, and interest paid of $2, 118. The tax rate is 15%. What is the retained earnings balance at the end of the year?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91260957

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