calculating Net Income

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» calculating Net Income

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Nov 6, 2006, 12:42 PM

jimbo32

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Join Date: Nov 2006

Posts: 1

calculating Net Income

If a company paid $500 in dividends and $645 in interest during the past year, and their common stock increased by $225 and retained earnings decreased by $78, what is the net income for the year? Ican't figure out how to work this one, can anyone help please? Thank you in advance..

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