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

question 75

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.

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Definitions:

Confidence Interval

A range of values, derived from sample statistics, that is likely to contain the value of an unknown population parameter with a specified level of confidence.

Confidence Interval Estimate

A statistical range, with a certain level of confidence, that is likely to contain a population parameter.

Standard Deviation

Standard Deviation is a statistical measure that quantifies the amount of variation or dispersion of a set of values.

Population Variance

The measure of how data points in a population are spread out from the average value.