Quincy Real Estate pays out a fixed percentage of its net income to its shareholders in the form of annual dividends. Given this, the percentage snowirotro

statement for the dividend account will:

Multiple Choice

be equal to the dividend amount divided by the net income.

vary in direct relation to the net profit percentage.

vary but not in direct relation to any other variable.

vary in direct relation to changes in the sales level.

remain constant over time.