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Question 1 8 of 1 9 View Policies Current Attempt in Progress Canadian Tire Corporation, Limited reported net income of $ 1 , 1 2
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Canadian Tire Corporation, Limited reported net income of $ million for the year ended January Its retained earnings were $ million at the beginning of the year and $ million at the end of the year. It had no dividends payable at the beginning or end of the year.
Assuming there were no other changes to retained earnings, how much did Canadian Tire pay in dividends during the year? Round answer to decimal place, eg Enter answer in millions.
q
Dividend paid
million
Would your answer change if you knew that the Dividends Payable account increased during the year?
The answer change if the Dividends Payable account increased during the year.
would
would not
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