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Calculate dividends from retained earnings and net income
Retained earnings for 2005v were $490,000. In 2006 $60,000 was reported of net income, and it ended 2006 with $510,000 of retained earnings. How much were paid as dividends to shareholders during 2006
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Retained earnings for 2005v were $490,000. In 2006 $60,000 was reported of net income, and it ended 2006 with $510,000 of retained earnings. How much were paid as dividends to shareholders during 2006 ? 1) 490,000 2) 60,000 + __________ 3) 550,000 4) 510,000 - _________ 5) 40,000 DIVIDENDS. ========== |
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