Given the financial information for the A.E. Neuman Corporation,
a) Prepare a Statement of Cash Flows for the year ended December 31, 2010.
b) What is the dividend payout ratio for 2010?
c) If we increased the dividend payout ratio to 100%, what would happen to retained earnings at year end 2010?
A.E. Neuman Corporation - Year-end Balance Sheets
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