What the company retained earnings at the end of the year

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Question - A company began the year with retained earnings of $500,000. During the year, the company recorded revenues of $450,000, expenses of $300,000, and paid dividends of $200,000. What the company's retained earnings at the end of the year?

a. $500,000

b. $350,000

c. $450,000

d. $650,000

Reference no: EM132642403

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