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Given the information below about ABC Corporation, what was the amount of dividends the company paid in the current period? Beginning retained earnings $ 50,000
Given the information below about ABC Corporation, what was the amount of dividends the company paid in the current period?
Beginning retained earnings | $ | 50,000 | ||
Ending retained earnings | $ | 117,000 | ||
Decrease in cash | $ | 10,900 | ||
Net income | $ | 80,000 | ||
Change in stockholders equity | $ | 19,000 | ||
Multiple Choice
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$117,000
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$13,000
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$2,100
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$0
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