asked 224k views
5 votes
At October 1, Arcade Fire Enterprises reported stockholders' equity of $70,000. During October, common stock of $4,000 was issued and the company earned net income of $14,000. If stockholders' equity at October 31 totals $80,000, what amount of dividends were paid during the month? $0 $4,000 $8,000 $10,000

asked
User AMember
by
7.9k points

1 Answer

2 votes

Answer:

8,000

Step-by-step explanation:

answered
User Zhong Huiwen
by
8.4k points
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