If Beginning Retained Earnings Was $184,300,net Income for the Period

question 32

Multiple Choice

If beginning retained earnings was $184,300,net income for the period was $200,000 and ending retained earnings was $322,000,what was the total amount of dividend distributed for the period?

• A) $62,300
• B) $306,300
• C) $337,700
• D) $706,300
• E) $137,700

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Definitions:

Neurotransmitter

Chemical substances in the brain that transmit signals from one neuron to another.

Excitatory Response

A reaction in neural tissue that increases the likelihood of a neuron firing an action potential, typically facilitated by neurotransmitters.

Voltage Shift

A change in the electrical potential difference between two points, which can affect the flow of electricity in a circuit.

Excitatory Effect

A response in which a neurotransmitter increases the likelihood that a neuron will fire an action potential.