What was the total amount of dividends, Accounting Basics

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What was the total amount of dividends

Rugby Rocks, Inc. had a Retained Earnings balance of $12,000 at December 31, 2012. The company had an average income of $7,500 over the next 3 years, and an ending Retained Earnings balance of $15,000 at December 31, 2015. What was the total amount of dividends paid over the last three years?

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Accounting Basics: What was the total amount of dividends

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Accounting Basics: What was the total amount of dividends

Reference No:- TGS0714995

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Recent Questions Asked Accounting Basics

Q : Determine the work done by the force during the motion

Q : Record the journal entry to reflect

Q : How much total interest will you pay

Q : Write down expressions for normal strain and true strain

Q : What was the total amount of dividends

Q : Calculate the differences in cost and risk

Q : Effects on weight reduction

Q : Coefficient of kinetic friction between the desk and floor

Q : How much money will he have at the end of ten years

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Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: What was the total amount of dividends

Reference No:- TGS0714995

Recent Questions Asked Accounting Basics

Q : Determine the work done by the force during the motion

Q : Record the journal entry to reflect

Q : How much total interest will you pay

Q : Write down expressions for normal strain and true strain

Q : What was the total amount of dividends

Q : Calculate the differences in cost and risk

Q : Effects on weight reduction

Q : Coefficient of kinetic friction between the desk and floor

Q : How much money will he have at the end of ten years

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