Question
Ophelia Ltd. reported retained earnings at December 31, 20x6 of $255575, and at December 31, 20x7, $212718 . Net income for calendar 20x7 was $176161.
| Ophelia Ltd. reported retained earnings at December 31, 20x6 of $255575, and at December 31, 20x7, $212718 . Net income for calendar 20x7 was $176161. As well, a cash dividend was declared and paid during the year. The amount of the cash dividend declared and paid was |
Select one:
a. $212718
b. $431736
c. $255575
d. $219018
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Financial Accounting
Authors: Karen Bird, Gene Imhoff
5th Edition
0984200568, 978-0984200566
