What were total dividends paid by the firm

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Reference no: EM131814620

The year-end 2009 balance sheet for Tom's Copy, Inc. lists common stock ($1.00 par value) of $ 16393 , capital surplus of $ 20499 and retained earnings of $ 48681 . On the 2010 year-end balance sheet, retained earnings are listed as $ 50623 . The firm's net income in 2010 was $ 6567. No stock was issued or repurchased in 2010. What were total dividends paid by the firm in 2010?

Reference no: EM131814620

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