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question 91

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Use the following information for questions.
The balance in retained earnings at December 31, 2010 was $720,000 and at December 31, 2011 was $582,000.Net income for 2011 was $500,000.A share dividend was declared and distributed which increased sharecapital $200,000 and share premium $110,000.A cash dividend was declared and paid.
-The amount of the cash dividend was


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Kingsley Davis

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Natural aptitude or skill possessed by individuals that enable them to perform certain tasks effectively.

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