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If Hat company's assets increase $120 during a given period and liabilities decrease $25 during the same period, the dividend paid is $ 15. Hat
If Hat company's assets increase $120 during a given period and liabilities decrease $25 during the same period, the dividend paid is $ 15. Hat company had no share transactions in the period, and thus, the change in shareholder's equity for this period was due to net income and dividends. Its net income in the period is
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