BUS 401 Week 4 Quiz Version b

In this file of BUS 401 Week 4 Quiz Version b you will find the answers on the next questions:

1. JP Corp. has a retained earnings balance of $1,000,000. The company reported net income of $300,000, sales of $2,000,000, and had 100,000 shares of common stock outstanding. The company announced a dividend of $1 per share. Therefore, the company

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