jconboy
Feb 2, 2011, 09:37 PM
Following info is in year ended Dec. 31 2010
Net income: $44,000
Sales revenue: $79,000
Retained earnings-beginning balance: $24,000
Ending retained earnings: $45,000
Calculate dividends for 2010
Net income: $44,000
Sales revenue: $79,000
Retained earnings-beginning balance: $24,000
Ending retained earnings: $45,000
Calculate dividends for 2010