Business

Brian

30 May, 12:32

During the current year, the total assets of mifflinburg corporation decreased by $60,000 and total liabilities decreased by $300,000. the company issued $100,000 of new stock, and its net income for the year was $250,000. no other changes to stockholders' equity occurred during the year. determine the dollar amount of dividends declared by the company during the year.

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