Question
The following information is available for a company: December 31, 2018: Total Assets $225,000 Net income for the year $4,000 Dividends paid $0 December 31,
The following information is available for a company:
| December 31, 2018: | |
| Total Assets | $225,000 |
| Net income for the year | $4,000 |
| Dividends paid | $0 |
| December 31, 2019: | |
| Total Assets | $209,000 |
| Net loss for the year | $8,000 |
| Assets are financed with 50% debt and 50% equity of the equity comes from contributed capital. No new debt or equity issued or repurchased | |
In 2019, the company most likely:
| A. | Paid a dividend of $10,000 | |
| B. | Paid a dividend of 2,500 | |
| C. | Paid a dividend of $5,000 |
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Finance A Quantitative Introduction Volume 1
Authors: Piotr Staszkiewicz, Lucia Staszkiewicz
1st Edition
0128015845, 978-0128015841
