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During the Past Year, Easy Supplies Ltd

Question 23

Multiple Choice

During the past year, Easy Supplies Ltd.'s assets decreased $33,000, its liabilities decreased $41,000, its share capital increased $5,000, and Easy recorded net profit of $12,000. What was the amount of dividends declared?


A) $ 1,000
B) $ 9,000
C) $12,000
D) $19,000

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