Which one of the following amounts will be the total dividend expense on   31 December 2023?

Trail Ltd’s issued share capital has not changed since incorporation on 1 January 2020, and consists of:400 000 Ordinary shares (issued at R2 each)150 000 9% Preference shares (issued at R2 each)180 000 10% Cumulative preference shares (issued at R3 each)No dividends were declared in the previous two financial years, but at the end of the current financial year on 31 December 2023, a dividend of 15c per ordinary share was declared.REQUIRED:Which one of the following amounts will be the total dividend expense on   31 December 2023?

2. What was the total amount paid to the common shareholders as dividends in 2023?

The following information was available for the year ended December 31, 2022:Earnings before interest and taxes (operating income) $ 50,000Interest expense 10,000Income tax expense 12,000Net income 28,000Total assets at year-end 200,000Total liabilities at year-end 120,000The debt ratio at December 31, 2022 was:

On October 1, Allison Corporation declared a $72,000 cash dividend to be paid on December 15 to shareholders of record on November 1. Which of the following shows how Allison’s financial statements will be affected on December 15?Multiple ChoiceBalance Sheet Income Statement Statement of Cash FlowsAssets = Dividends Payable + Common Stock + Retained Earnings Revenues − Expenses = Net IncomeNA   NA   NA   NA NA   NA   NA NABalance Sheet Income Statement Statement of Cash FlowsAssets = Dividends Payable + Common Stock + Retained Earnings Revenues − Expenses = Net IncomeNA   $72,000   NA   $(72,000) NA   NA   NA $(72,000) FinancingBalance Sheet Income Statement Statement of Cash FlowsAssets = Dividends Payable + Common Stock + Retained Earnings Revenues − Expenses = Net Income$(72,000)   $(72,000)   NA   NA NA   NA   NA $(72,000) FinancingBalance Sheet Income Statement Statement of Cash FlowsAssets = Dividends Payable + Common Stock + Retained Earnings Revenues − Expenses = Net IncomeNA   $72,000   NA   $(72,000) NA   NA   NA NA

Netflix paid out $12 million in dividend in 2021. Its retained earnings is $34 million. What is its net income?Group of answer choices$408 million$2.83 million$46 million$22 million