Business
Business, 27.11.2019 23:31, dianactorres

New orleans chemicals company follows the indirect method to prepare its statement of cash flows. refer to the following portion of the comparative balance sheet: new orleans chemicals company comparative balance sheet december 31, 2018 and 2017 2018 2017 increase/(decrease) common stock $33,000 $2,200 $30,800 retained earnings 155,000 89,000 66,000 treasury stock (8,100) (5,200) (2,900) total equity $179,900 $86,000 $93,900 net income for 2018 was $91,000. based on the above information, determine the amount of dividends declared during 2018.

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