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QUESTION 2 The payment of dividends by Coles supermarket to its shareholders A. decreases equity in Coles supermarket shareholder's balance sheet B. increases Coles
QUESTION 2 The payment of dividends by Coles supermarket to its shareholders A. decreases equity in Coles supermarket shareholder's balance sheet B. increases Coles supermarket's bank deposits C. decreases Coles supermarket's debt on issue D. decreases Coles supermarket's accumulated retained profits E. increases the shares issued by Coles supermarket QUESTION 7 Juliette's job wage is $580; her shares provide a dividend of $100; she buys a suitcase for $70; she pays a rent of $200; her shopping bill is $100; she receives an interest on her savings account for $50. Which statement is NOT correct? A. The balance on her bank accounts increases in net by $360 over the fortnight. B. Her total income for that fortnight is $730. C. Her equity increases in net by $430 over the fortnight. D. Her accumulated savings for that fortnight increase by $430. Her expenses for that fortnight are $370.
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