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Q12 The year-end 2009 balance sheet for Tom's Copy, Inc. lists common stock ($1.00 par value) of $ 5,710, capital surplus of $ 34,826 and
Q12
The year-end 2009 balance sheet for Tom's Copy, Inc. lists common stock ($1.00 par value) of $ 5,710, capital surplus of $ 34,826 and retained earnings of $ 48,394. On the 2010 year-end balance sheet, retained earnings are listed as $ 50,581. The firm's net income in 2010 was $ 7,779. No stock was issued or repurchased in 2010. What were dividends per share paid by the firm in 2010Step by Step Solution
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