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Requirement 2. What amount of dividends did Alvarion declare during the year ended August 31, 20X6? Hint: Prepare a statement of changes in equity. (Enter
Requirement 2. What amount of dividends did Alvarion declare during the year ended August 31, 20X6? Hint: Prepare a statement of changes in equity. (Enter an amount in each in Data Table Statement of Changes in Equity Alvarion Company Year Ended August 31, 20X6 Total equity, beginning of year Add Net income (millions) 84 140 15.8 16.1 6.1 Total revenue Receivables Current liabilities Share capital Interest expense Salary and other employee expenses Long-term liabilities 38.0 Investments 0.2 Property and equipment, net 18 Other expenses 14.9 Retained earnings, beginning 0.3 Retained earnings, ending 17.6 Cash 27 Other assets 8.4 2 Less Dividends Total equity, end of year 2.8 4.8
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