Over the first four years of the company\'s life, it earned thefollowing net income (loss): $6,000; $4,000; $7,000, and ($3,000).If the company\'s ending retained earnings is $11,200 after year 4,what is the average amount of dividends paid per year?

Answer rating: 100% (QA)

To determine the average amount of dividends paid per year we need to calculate the total dividends paid over the fouryear period and then divide it b... View the full answer