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CY Brokerage reported a net income of P15,000,000 in the base year, and total earnings of P65,000,000 were retained. The company reported a net income of P25,000,000 and retained total

It looks like the last part of your problem got cut off. Can you clarify the missing information, especially regarding the retained total earnings in the second year? This will help to complete the problem-solving process accurately.

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CY Brokerage reported a net income of P15,000,000 in the base year, and total earnings of P65,000,000 were retained. The company reported a net income of P25,000,000 and retained total earnings in the following year. (Incomplete)

Learn how to calculate the retained earnings for CY Brokerage given a net income of P15,000,000 in the base year and total earnings of P65,000,000 retained. The problem involves understanding key finance and accounting concepts, such as net income and retained earnings. Suitable for college-level students.

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