Duke Corporation Reports the Following Components of Stockholders' Equity on December

question 201

Multiple Choice

Duke Corporation reports the following components of stockholders' equity on December 31, 2010.


What is the amount in the Retained Earnings account immediately after the dividend on July 15?

• A) $264,750
• B) $392,500
• C) $460,000
• D) $338,500
• E) $470,000

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