The year-end 2010 balance sheet of brandex inc listed, Ask an Expert

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The year-end 2010 balance sheet of Brandex Inc. listed common stock and other paid-in capital at $3,000,000 and retained earnings at $5,300,000. The next year, retained earnings were listed at $5,600,000. The firm’s net income in 2011 was $1,090,000. There were no stock repurchases during the year. What were the dividends paid by the firm in 2011?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M91380784

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