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The Colorado Home Store reported the following figures: Retained Earnings, February 1, 2019...........$23 million Retained Earnings, February 1, 2020........$14 million The company's fiscal year ends
The Colorado Home Store reported the following figures: Retained Earnings, February 1, 2019...........$23 million Retained Earnings, February 1, 2020........$14 million The company's fiscal year ends on February 1 each year. Net income for the fiscal year ending February 1, 2020 is $26 million. . What is the amount of dividends declared for the fiscal year ending February 1, 2020? $23 million $26 million $3 million $85 million
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