Denny buys a rare coin for $200 and sells the coin 1 year later for $220. dennys rate of return is a. 20% b. 10% c. 110% d. 91%

During 2016, nike inc., reported net income of $3,760 million. the company declared dividends of $1,022 million. the closing entry for dividends would include which of the following? select one: a. credit cash for $1,022 million b. credit dividends for $1,022 million c. debit net income for $1,022 million d. credit retained earnings for $1,022 million e. debit dividends for $1,022 million