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The following information relates to Zhulu Corporation (in thousands): Sales revenue $1,190 Net assets, end of year 170 Net income, capital maintenance method 125 Additional
The following information relates to Zhulu Corporation (in thousands):
Sales revenue | $1,190 |
Net assets, end of year | 170 |
Net income, capital maintenance method | 125 |
Additional investment by shareholders | 115 |
Net assets, beginning of year | 135 |
Compute the amount of dividends paid during the year, using the capital maintenance approach. $ (in thousands)
After looking at a example I came up with 2 answers; 645 and 45. So what is the correct answer and how didi you get that answer. Thanks.
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