Greenboy Company's retained earnings increased $20,000 during 2014. What was Greenboy's 2014 net income or loss...

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answerhappygod
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Greenboy Company's retained earnings increased $20,000 during 2014. What was Greenboy's 2014 net income or loss...

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Greenboy Company's retained earnings increased $20,000 during 2014. What was Greenboy's 2014 net income or loss given that Greenboy declared $25,000 of dividends during 2014?



Net income was $45,000
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