On December 31, 2020, a dividend of $0.75 was declared to shareholders of record on January 10,
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On December 31, 2020, a dividend of $0.75 was declared to shareholders of record on January 10, 2021, to be paid on January 29, 2021. Use the direct method and flow the dividend declaration through retained earnings
Aylmer had 175,000 common shares outstanding and the shares are publicly traded. Since Aylmer is a publicly-traded company, it follows IFRS.
| 2019 | 2020 | |||
| Retained Earnings | 727,144 | 1,853,370 | ||
| Common Stock | 1,794,094 | 1,794,094 | ||
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