Ask Me Help Desk

Ask Me Help Desk (https://www.askmehelpdesk.com/forum.php)
-   Finance & Accounting (https://www.askmehelpdesk.com/forumdisplay.php?f=411)
-   -   Finding dividends (https://www.askmehelpdesk.com/showthread.php?t=554686)

  • Feb 15, 2011, 03:01 PM
    BSpyder
    Finding dividends
    Using the information below, calculate the amount of dividends Dean most likely paid to common stockholders in 2008, 2009, and 2010.

    Retained Earnings balances
    Jan 01, 2008 $700
    Dec 31, 2008 $890
    Dec 31, 2009 $1,045
    Dec 31, 2010 $1,010

    Year Net Incomes.
    2008 $250
    2009 $225
    2010 $40.

    I am thinking I have to solve by using (BER +/- Net Income - Dividends = ERA). But I can't seem to figure it quite out. I am only asking on how to calculate it on paper or a calculator. So would step 1 be $700 +/- 250 - Dividends = 890 >> 890-450 >> $440 for Dividends for the year 2008?

  • All times are GMT -7. The time now is 01:59 AM.