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Question
Aikman Company has paid dividends of $2,410, $0, $1,570 and $1,060 over the first four years of the companys 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.
Answer
This answer is hidden. It contains 152 characters.
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