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Compute the amount of dividends Roll Tide Roll declared

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Question - The balance sheet of Roll Tide Roll for the year ended June 30, 20x2, showed a balance in retained earnings of $6,000 at the end of 20x2 and $4,600 at the end of 20x1. Net income for 20x2 was $2,400. Compute the amount of dividends Roll Tide Roll declared during 20x2.

Reference no: EM132904934

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