Dividends paid? Net sales Cost of goods sold Depreciation Earnings before interest and taxes Interest paid...

Question

Question

Dividends paid?

business accounting

Answer 1

Answer #1

Amount of Dividends paid :

$800

Working :

Opening Retained Earnings 2122

+ Net Income 1374

- Closing Retained Earnings 2696

= Dividends paid 800

Answer 2

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