Accounting MCQ
Accounting Chapter 18
During 2006, Jetson declared and paid cash dividends of $45 million. The company also declared and issued a stock dividend. No other changes occurred in shares outstanding during 2006. What was Jetson's net income for 2006?
During 2006, Jetson declared and paid cash dividends of $45 million. The company also declared and issued a stock dividend. No other changes occurred in shares outstanding during 2006. What was Jetson's net income for 2006?
During 2006, Jetson declared and paid cash dividends of $45 million. The company also declared and issued a stock dividend. No other changes occurred in shares outstanding during 2006. What was Jetson's net income for 2006?
A) $14 million
B) $59 million
C) $65 million
D) $89 million
Answer: D
Learn More :
If the answers is incorrect or not given, you can answer the above question in the comment box. If the answers is incorrect or not given, you can answer the above question in the comment box.