Based on this information what is dawsons retained earnings, Ask an Expert

Accounting

Dawson Corporation has the following information available for 2009:

(in millions) Issued common stock $45Retired common stock $65Paid dividends $75Net income$130Beginning Common Stock balance $575 Beginning Retained Earnings balance $425.

Based on this information, what is Dawson's Retained Earnings balance at the end of the year?

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Financial Accounting, Accounting

Category:- Financial Accounting
Reference No.:- M9433745

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