What were dividends paid by the firm

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The year-end 1999 balance sheet of Brandex Inc. Lists common stock and other paid-in capital at $1,100,000 and retained earnings at $3,400,000. The next year, retained earnings were listed at $3,700,000. The firm’s net income in 2000 was $900,000. There were no stock repurchases during the year. What were dividends paid by the firm in 2000?

Reference no: EM131222077

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