Question
TB MC Qu. 1-119 Aikman Company paid dividends... Aikman Company paid dividends of $2,470, $0, $1,590 and $930 over the first four years of the
TB MC Qu. 1-119 Aikman Company paid dividends... Aikman Company paid dividends of $2,470, $0, $1,590 and $930 over the first four years of the company's existence, respectively. If Retained Earnings has an ending balance of $9,100 at the end of year four, what was the average annual amount of net income (loss) over the first four years for Aikman? (Round your answer to the nearest dollar amount.) Multiple Choice $3.523 $1,248 $14,090 $2.518 TB MC Qu. 1-116 Given the information below about Thomas... Given the information below about Thomas Corporation, what was the amount of dividends the company paid in the current period? Beginning retained earnings Ending retained earnings Decrease in cash $ 52,000 $108,000 $ 9,500 Net income $ 80,000 Change in stockholders' equity $ 17,000 Multiple Choice $108,000 $24,000 $14,500 A company issues common stock for $29,000 cash. Record the transaction. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet
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