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(Solved): Calculate the change in Retained Earnings given the following information:Gross Margin% = 20%Revenue ...



Calculate the change in Retained Earnings given the following information:Gross Margin% = 20%Revenue = $10,000G&A expense = $1,000Federal Income Tax = 40% of Net Income before TaxPaid Dividends of 50% Net IncomeAdditional Information: Company has an asset that is has yearly depreciation expense of $200.



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