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11. The December 31, 2019 income statement for App Inc. reported $2.5 million of net income, and its year-end balance sheet reported $15 million of

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11. The December 31, 2019 income statement for App Inc. reported $2.5 million of net income, and its year-end balance sheet reported $15 million of retained earnings. The Dec. 31. 2018 balance sheet showed $14 million of retained earnings. The total amount dividends (in millions of dollars) paid to shareholders for the year 2019 is: * $1.5 million $2.5 million $3.5 million O $4.5 million O None of the above 12. Which of the following is an example of a capital market instrument? O Commercial paper. O Preferred stock. U.S. Treasury bills. Banker's acceptances. None of the above

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