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What are the dividends paid during the year? (Hint: Retained earnings formula Beginning R/E + Net Income Dividends = Ending R/E). Round your final answer
What are the dividends paid during the year? (Hint: Retained earnings formula Beginning R/E + Net Income Dividends = Ending R/E). Round your final answer to the nearest dollar. Do not round intermediary answers. Do not use $ signs in your final answer. Remember that the numbers in the image are in thousands. (Write out the full number - for example, if your answer is 20,000, enter 20,000 not 20).
Balance Sheet - December 31 2019 2020 Increase (Decrease) (in thousands) Shareholders' Equity Common shares Retained earnings Total 259 258 1 110 86 24 $625 $487 $138 Net income $ 41Step by Step Solution
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