The year-end 2021 balance sheet of Brandex Incorporated listed common stock and other paid-in capital at $2,600,000
Fantastic news! We've Found the answer you've been seeking!
Question:
The year-end 2021 balance sheet of Brandex Incorporated listed common stock and other paid-in capital at $2,600,000 and retained earnings at $4,900,000. The next year, retained earnings were listed at $5,200,000. The firm's net income in 2022 was $1,050,000. There were no stock repurchases during the year. What were the dividends paid by the firm in 2022?
Related Book For
Auditing Cases An Interactive Learning Approach
ISBN: 978-0132423502
4th Edition
Authors: Steven M Glover, Douglas F Prawitt
Posted Date: