Question: On September 1 5 , 2 0 2 6 , MD Soccer Academy declares a quarterly cash dividend of $ 0 . 1 0 per
On September MD Soccer Academy declares a quarterly cash dividend of $ per share payable on October to all stockholders of record on October On December MD Soccer declares a quarterly cash dividend of $ per share payable on January to all stockholders of record on January The company has shares outstanding.
Required:
Compute the total dividends declared for the year ended December
Compute the total dividends paid for the year ended December
Assuming net income of $ and a beginning balance in retained earnings of $ determine the balance of retained earnings as of the year ended December
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