The ending Retained Earnings balance of Lambert Inc. increased by $2.2 million from the beginning of the
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The ending Retained Earnings balance of Lambert Inc. increased by $2.2 million from the beginning of the year. The company's net income earned during the year is $6.6 million. What is the amount of dividends Lambert Inc. declared and paid?
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Accounting concepts and applications
ISBN: 978-0538745482
11th Edition
Authors: Albrecht Stice, Stice Swain
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