Question
A companys Balance Sheet shows Retained Earnings of $12,013 at the end of 2016 and $13,417 at the end of 2017. The company reported Net
A companys Balance Sheet shows Retained Earnings of $12,013 at the end of 2016 and $13,417 at the end of 2017. The company reported Net Income of $2,787 for 2017. Which of the following is MOST likely:
A) The company paid dividends of $4,191.
B)The company paid dividends of $1,404.
C)The company paid dividends of $1,383.
D)The company did not pay dividends.
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IRS Audit Protection And Survival Guide Bars And Restaurants
Authors: Gerald F. Bernard, Daniel J. Baran
1st Edition
0471166375, 978-0471166375
