What is the change in retained earnings

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Question - If a corporation earns $400,000 and the payout ratio (proportion distributed) is 30 percent, what is the change in retained earnings?

Reference no: EM133050605

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What is the change in retained earnings : Question - If a corporation earns $400,000 and the payout ratio (proportion distributed) is 30 percent, what is the change in retained earnings
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