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[SOLVED]Midyear on July 31st, the Digby Corporation's balance sheet reported:

Midyear on July 31st, the Digby Corporation's balance sheet reported: Total Liabilities of $25.487 million Cash of $2.010 million Total Assets of $40.680 million Total Common Stock of $1.270 million. What were the Digby Corporation's retained earnings?

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  •  $13.923 million
  •  $16.463 million
  •  $15.933 million
  •  $18.473 million



honeyd


20-04-21 | 22:25:56

Retained earning=total asset-equity-liability
=$40.680-25.487-1.270
=13.923

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