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Using the following information to calculate the firm's dividends for 2020 Balance Sheet (In MM) 2019 2020 Retained Earnings $200 $250 Income Statement (In MM)
Using the following information to calculate the firm's dividends for 2020 | ||
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|
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Balance Sheet (In MM) | 2019 | 2020 |
Retained Earnings | $200 | $250 |
Income Statement (In MM) | 2019 | 2020 |
Net Income | $320 | $370 |
Question 17 options:
| $170 |
| $50 |
| $320 |
| $120 |
| $70 |
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