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A firm had retained earnings of $100,000 in 2012 and $125,000 in 2013. The increase...

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Accounting

A firm had retained earnings of $100,000 in 2012 and $125,000 in 2013. The increase in retained earnings from 2012 to 2013 is

2.5 percent, 20percent, 25 percent or 125 percent?

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