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During the year, Decker Corporation reported Net income of $1,448.0 million and paid dividends of $496.4 million. Which of the following describes how these transactions
During the year, Decker Corporation reported Net income of $1,448.0 million and paid dividends of $496.4 million. Which of the following describes how these transactions would affect Decker's equity accounts? (in millions) Select one: O a. Decrease contributed capital by $496.4 and increase earned capital by $1,448.0 O b. Increase contributed capital by $951.6 O c. Increase earned capital by $951.6 Od. Increase contributed capital by $1,448.0 and decrease earned capital by $496.4 e. None of these are correct
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