Aikman Company Has Paid Dividends of $2,410,$0,$1,570 and $1,060 Over

question 146

Multiple Choice

Aikman Company has paid dividends of $2,410,$0,$1,570 and $1,060 over the first four years of the company's existence.If Retained Earnings after year four has an ending balance of $9,700,what is the average annual amount of net income (loss) over the past four years for Aikman?

• A)$3,685.
• B)$14,740.
• C)$840.
• D)$1,260.

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