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If your client earned an after tax profit of $3,000,000 in 2019, had an ending retained earnings balance in 2018 of $12,980,000 and showed a
If your client earned an after tax profit of $3,000,000 in 2019, had an ending retained earnings balance in 2018 of $12,980,000 and showed a balance in retained earnings at the end of the current fiscal year of 14,480,000, what is the amount of dividends paid in the year? $___________________________________ (3 marks) Question 30 options: Undeterminable 3,000,000 $1,500,000 $4,500,000
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