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SVEN [57.7K]
3 years ago
10

Marshland Company is preparing the company's statement of cash flows for the fiscal year just ended. The following information i

s available: Cash dividends declared for the year $ 40,000 Cash dividends payable at the beginning of the year 17,000 Cash dividends payable at the end of the year 13,000 The amount of cash paid for dividends was: A. $36,000. B. $53,000. C. $40,000. D. $44,000. E. $57,000.
Business
1 answer:
Nikolay [14]3 years ago
4 0

Answer: $44,000

Explanation:

The following information can be gotten from the question:

Cash dividends declared for the year = $40,000

Cash dividends payable at the beginning of the year = $17,000

Cash dividends payable at the end of the year = $13,000

Therefore, the amount of cash paid for dividends was:

= $40,000 + $17,000 - $13,000

= $57,000 - $13,000

= $44,000

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1 year ago
Burr Publishers purchased a building on March 20, 20Y1, for $160,000. Other amounts related to this purchase are as follows:
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Answer:

1. Which amount related to this purchase should be recorded in the accounting records?

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Liabilities represent all the debts that a company has.

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  • b. owner's equity.

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3 years ago
Which of the following layouts seeks the best personnel and machine utilization in repetitive or continuous​ production? A. ​Pro
Nat2105 [25]

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3 years ago
What is the meaning of Constitution ​
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2 years ago
Earleton Manufacturing Company has $2 billion in sales and $600,000,000 in fixed assets. Currently, the company's fixed assets a
bearhunter [10]

Answer:

The correct answer is $2,500,000,000.

Explanation:

According to the scenario, the computation of the given data are as follows:

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3 years ago
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