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Calculator Net Income and Dividends The income statement for the month of February indicates a net income of $17,500. During
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Answer #1

No, it is not correct to say that company is incurring net loss of $8000.

Because Dividend is a portion of earnings.

Dividend can be Issued, from current year Income and also from previous year incomes (Retain earnings).

So it is wrong to say that company is incurring net loss of $8000.

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