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Question 2 3 During fiscal 2 0 1 3 , Stanley Black & Decker Corporation reported Net income of $ 4 9 0 . 3

Question 23
During fiscal 2013, Stanley Black & Decker Corporation reported Net income of $490.3 million and paid
dividends of $307.1 million. Which of the following describes how these transactions would affect Stanley
Black and Decker's equity accounts? (in millions)
Increase contributed capital by $490.3 and decrease earned capital by $307.1
Decrease contributed capital by $307.1 and increase earned capital by $490.3
Increase contributed capital by $183.2
Increase earned capital by $183.2
None of the above
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