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  3. on its 12/31/2017 balance sheet, company x showed

On its 12/31/2017 balance sheet, Company X showed $415 million of retained earnings Exactly the...

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Accounting

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On its 12/31/2017 balance sheet, Company X showed $415 million of retained earnings Exactly the same amount of retained earnings was shown the following year 2018). Assuming no earnings restatements were issued, which of the following statements is CORRECT? all the company fost money in 2018. It must have paid dividends. on. The company must have paid out half of its 2018 earrings (niet income) as dividends. Oc The company must have had zero net income in 2018 Od. The company must have paid no dividends in 2018 c. Dividends could have paid in 2018, but they would have been equal to the net income for the year

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