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Business, 05.09.2020 06:01 stormymoreland375

Butler Corporation has a balance of $165 million in retained earnings at the beginning of the fiscal year. At the end of the fiscal year the balance in retained earnings is $200 million. Which of the following statements are true? a. Dividends declared are greater than Net Income. b. Dividends declared are less than Net Incomec. Net Income is at least $35 milliond. Dividends must be less than $35 million

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