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Quiz
1
Intermediate
What is the dividend based upon the payout ratio only?
US$ 21,250
Nil
$160,000
Don’t know
2
Intermediate
What would the maximum dividend declared be in this example?
US$ 18,000
US$ 15,000
Nil
Don’t know
3
Intermediate
In the main example, how many lines from this Return on Equity control account must be directly referenced in the financial statements to make the Balance Sheet balance?
3
4
2
Don’t know
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