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Blue IncHas the Following Transactions for the Month of April

Question 54

Multiple Choice

Blue Inc.has the following transactions for the month of April:  Fees earned in cash $640,000 Expenses paid $300,000 Dividends paid $50,000\begin{array} { l r } \text { Fees earned in cash } & \$ 640,000 \\\text { Expenses paid } & \$ 300,000 \\\text { Dividends paid } & \$ 50,000\end{array} ?As a result of these transactions, Blue Inc.'s profitability metric:?


A) increases by $340,000.?
B) ?decreases by $300,000.
C) ?increases by $290,000.
D) ?decreases by $640,000.

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