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10) A firm's year-end retained earnings balances are $320,000 and $400.000, for 2014 and 2015 respectively. The firm reported net profits after taxes of $120,000
10) A firm's year-end retained earnings balances are $320,000 and $400.000, for 2014 and 2015 respectively. The firm reported net profits after taxes of $120,000 in 2015. The firm's dividend payment for 2015 is A) SO B) $20.000 C) $40,000 D) $100,000
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