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Kate and Sue decide to start their own corporation. Kate invests $7,000 into the business while Sue invests $3,000

Price:
$14.99
SKU:
703220


Product Description

Kate and Sue decide to start their own corporation. Kate invests $7,000 into the business while Sue invests $3,000. In the first year, the corporation managed to generate a net income of $5,000 and decided to pay out the entire sum as dividends. What is the amount of the dividend being distributed to Sue?


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