If There Was No Beginning Retained Earnings, Net Income of $20,000

question 68

Multiple Choice

If there was no beginning retained earnings, net income of $20,000, and ending retained earnings of $6,000, how much were dividends?

• A) $10,000
• B) $4,000
• C) $6,000
• D) $14,000

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Definitions:

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Behavioral Trait

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