E2.4.Firm AFirm BFirm CTotal assets 31/12/10$435000$155000 Total liabilities 31/12/10$8000075000Paid-in capital 31/12/10550005900045000Retained earnings 31/12/10186000Net income for 20106800011000025500Dividends declared and 1200016500 paid during 2010Retained earnings 1/1/1050000124000
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