Bravo Corporation, a manufacturer of industrial pumps, reports the following results for the year ending July 31,

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Bravo Corporation, a manufacturer of industrial pumps, reports the following results for the year ending July 31, 2006:

Retained earnings, August 1, 2005 ........$2,213,400

Net income .................. 558,000

Cash dividends declared ............ 180,000

Stock dividends declared ............ 150,000

Prepare a retained earnings statement for the fiscal year ended July 31, 2006.

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Accounting

ISBN: 978-0324188004

21st Edition

Authors: Carl s. warren, James m. reeve, Philip e. fess

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Question Posted: Nov 10, 2012 02:16 AM

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Bravo Corporation, a manufacturer of industrial pumps, reports the following results for the year ending July 31,

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