Handy Man Services, Inc

question 91

Multiple Choice

Handy Man Services, Inc., has net income of $555,000. What is the addition to retained earnings if the dividend payout ratio is 42%?

• A)$233,100
• B)$257,250
• C)$315,000
• D)$321,900
• E)$355,000

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Definitions:

Hate Crimes

Crimes that are committed against people or property that are motivated by hate or prejudice against a victim’s racial, ethnic, religious, or sexual identity; they can involve intimidation, harassment, destruction of property, vandalism, physical force or threat of physical force, or inciting hatred in other people.

Race or Ethnicity

Categories used to classify or group individuals based on common ancestral, social, cultural, or national experiences and attributes.

Sharpeville Massacre

A tragic event in 1960 in South Africa, where police opened fire on a crowd protesting against apartheid pass laws, killing 69 people.

Racial Discrimination

Behaviour that has a discriminatory effect based on race; there does not have to be an intention to discriminate.