Business, 17.06.2021 16:20 BrainGeek4848
The following amounts represent totals from the first three years of operations. Calculate the balance of Retained Earnings at the end of 2021.
2019 2020 2021
Net Income (loss) $1,200 $(500 ) $2,300
Net Cash Flows $500 $300 $2,800
Dividends $200 $0 $200
Issuance of Stock $2,000 $0 $0
a. $4,600
b. $2,600
c. $3,100
d. $3,500
Answers: 2
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The following amounts represent totals from the first three years of operations. Calculate the balan...
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