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1. During 2019, Haveno, Inc.s assets rose by $8 million and its liabilities rose by $4 million. During the year it repurchased $3 million of
1. During 2019, Haveno, Inc.s assets rose by $8 million and its liabilities rose by $4 million. During the year it repurchased $3 million of common stock. Assuming net income for the period of $12 million, what was the amount of dividends declared in 2019?
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Financial Markets And Institutions
Authors: Anthony Saunders, Marcia Cornett
8th Edition
1264098723, 978-1264098729
