What will our ending balance in retained earnings be next

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Question: We currently have balances of $42,496 in common stock, $54538 in retained earnings. The board has been modeling different scenarios to assess their impact on our balance sheet next year. If we generate $43630 in net profit next year, as well as declare and pay $31872 in dividends, what will our ending balance in retained earnings be next year?

Reference no: EM133379713

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