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Business, 05.02.2021 16:50 marialegarda4211

On 12/31/2020, Heaton Industries Inc. reported retained earnings of $675,000 on its balance sheet, and it reported that it had $172,500 of net income during the year. On its previous balance sheet, at 12/31/2019, the company had reported $555,000 of retained earnings. No shares were repurchased during 2020. How much in dividends did Heaton pay during 2020? a. $47,381
b. $49,875
c. $57,881
d. $55,125
e. $52,500

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On 12/31/2020, Heaton Industries Inc. reported retained earnings of $675,000 on its balance sheet, a...
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