Aikman company paid dividends of $2,410, $0, $1,570 and $1,060 over the first four years of the company's existence, respectively. if retained earnings has an ending balance of $9,700 at the end of year four, what was the average annual amount of net income (loss) over the first four years for aikman?
a. $840.b. $14,740.c. $3,685.d. $1,260.

C. $3,685

Explanation:

Total dividends paid in first 4 years

= $2,410 + $0 + $1,570 + $1,060

= $5,040

Retained Earnings ending balance is the net of the total income earned over the years less the total dividend paid through the years.

Retained Earnings ending balance = Total income -  total dividend paid

$9,700 = Total income - $5,040

Total Income = $9,700 + $5,040

= $14,740

Average annual amount of net income (loss) over the first four years for Aikman

= $14,740/4

= $3,685

Option C.

Every community is affected by any type of difference and similarity. This is because of the inevitable interaction between the residents of the community. Less friction can be expected when there is only one race and there is only one culture. But we all know this won’t last because people tend to move around more. This habit of migrating creates the differences that affect the life within the whole community.

Explanation:

Depending on the individual, how one reacts towards somebody who looks different will determine whether the community successfully moved towards a more tolerant society or not.