A company has net income of 225000 and declares and pays

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A company has net income of $225,000 and declares and pays dividends in the amount of $75,000. What is the net impact on retained earnings?

a. Increase of $225,000

b. Decrease of $75,000

c. Increase of $150,000

d. Decrease of $150,000

Reference no: EM13483750

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