The Home Store Reported the Following Figures: Retained Earnings,February 1,2019

question 129

Multiple Choice

The Home Store reported the following figures: Retained Earnings,February 1,2019...........$14 million
Retained Earnings,February 1,2018...........$23 million
The company's fiscal year ends on February 1 each year.Net income for the fiscal year ending February 1,2017 is $26 million.What is the amount of dividends declared for the fiscal year ending February 1,2017?

• A)$23 million
• B)$35 million
• C)$3 million
• D)$26 million

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Definitions:

Ethnomethodological

Relating to ethnomethodology, a sociological perspective focusing on the ways in which social order is produced in and through everyday interactions.

Conversational Analysis

A methodology in sociolinguistics that studies the structure and function of conversation in human communication.

Humor

Humor is identified as the quality of being amusing or funny, often characterized by expressions, gestures, or the articulation of ideas that are perceived as entertaining.

Ethnomethodologists

Sociologists who study how people use everyday conversation and gestures to construct a shared social order.