Question
Hibbert Inc. had retained earnings at the end of 2017 of $3,500,000. 2018 net income was $500,000 and retained earnings for the end of 2018
Hibbert Inc. had retained earnings at the end of 2017 of $3,500,000. 2018 net income was $500,000 and retained earnings for the end of 2018 was $3,700,000. What was the amount paid in dividends to common stockholders in 2018?
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Business Analysis And Valuation Using Financial Statements
Authors: Krishna G Palepu, Paul M Healy
4th Edition
032430286X, 9780324302868
