Question: BusinessCourse Return to course Google D . . . ACCT 2 0 9 . . . what is e ) Course Content / Chapter 1

BusinessCourse Return to course Google D... ACCT 209... what is e) Course Content / Chapter 1/ Chapter 1 Quiz Chapter 1 Quiz 12345678910 Finish attempt ... Question 9 Answer saved Marked out of 1.00 Flag question During UnitedHealth Group's first year of operations, it made cash sales of $249,000 and credit sales of $366,000.$255,000 in cash from these credit sales was collected during the year. The Company purchased a new building for $135,000, which they financed through a long term note payable. Expenses for the year totaled $330,000, of which $192,000 was paid in cash. Dividends of $12,000 were paid to stockholders. What was Retained Earnings at the End of its first year of operations? Select one: a. $273,000 b. $285,000 c. $21,000 d. $105,000

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