Question
Based on the following information about Kleinos Deli, in which year did Kleinos retain more earnings: 2019 2018 Dividends on Common Stock $40,000 $25,000 Common
Based on the following information about Kleinos Deli, in which year did Kleinos retain more earnings:
2019 2018
Dividends on Common Stock $40,000 $25,000
Common Shares Outstanding 20,000 10,000
Earnings Per Share 3.0 2.75
Dividends Per Share 2.0 2.50
A. 2019
B. 2018
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Auditing Cases An Interactive Learning Approach
Authors: Mark S. Beasley, Frank A. Buckless, Steven M. Glover, Douglas F. Prawitt
5th International Edition
0132815591, 9780132815598
