A firm $925, 000 of retained earnings in 2021 and $1, 05, 000 in 2022. The firm generated net income after tax of $215, 000. How much did they pay in dividends in 2021? A. 180, 000 B. 162, 500 C. 173,000 D. 152, 000

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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A firm $925, 000 of retained earnings in 2021 and $1, 05, 000 in 2022. The firm generated net income after tax of $215, 000. How much did they pay in dividends in 2021?

A. 180, 000

B. 162, 500

C. 173,000

D. 152, 000

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