Question
Fashion, Inc. had a Retained Earnings balance of $11,000 at December 31, 2021. The company had an average income of $7,500 over the next 2
Fashion, Inc. had a Retained Earnings balance of $11,000 at December 31, 2021. The company had an average income of $7,500 over the next 2 years, and an ending Retained Earnings balance of $13,000 at December 31, 2023. What was the total amount of dividends paid over the last two years?
Multiple Choice
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$14,500.
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$13,000.
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$16,000.
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$12,250.
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Conducting Church Audits A Guide For Internal Auditors
Authors: Jeremy W Odom
1st Edition
0997095628, 978-0997095623
