Andersen's Nursery has sales of $318,400, CoGS of $199,400, depreciation expense of $28,600, interest expense of $1,100, and a tax rate of 35 percent. The firm paid out $23,400 in dividends. What is the addition to retained earnings?
Answers (1)
Nina Corp. had the following net income (loss) the first three years of operation: $6,700, ($1,200), and $3,800. If the Retained Earnings balance at the end of year three is $700, what was the total amount of dividends paid over these three years?
Answers (1)