6. A firm has beginning retained earnings of $4200 and ending retained earnings of $4650.What is...
6. A firm has beginning retained earnings of $4200 and ending retained earnings of $4650.What is the amount of dividends paid of the firm earned a net income of $1950?
a 450
b 1950
c 2400
d 1500
Homework Answers
D. $1,500
Dividends paid = $1,950 - ($4,650 - $4,200)
Dividends paid = $1,500
Add Answer to:
6. A firm has beginning retained earnings of $4200 and ending
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