Maynard Enterprises paid $1,468 in dividends and $1,214 in interest over the past year. The common stock account increased by $1,344 and retained earnings decreased by $448. What was the company’s new income? $2,364 $1,792 $1,020 $896 $1,916

Maynard Enterprises paid $1,468 in dividends and $1,214 in interest over the past year. The common stock account increased by $1,344 and retained earnings decreased by $448. What was the company’s new income? $2,364 $1,792 $1,020 $896 $1,916

EBK CONTEMPORARY FINANCIAL MANAGEMENT

14th Edition

ISBN:9781337514835

Author:MOYER

Publisher:MOYER

Chapter15: Dividend Policy

Section: Chapter Questions

Problem 1P

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$2,364
$1,792
$1,020
$896
$1,916

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