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zvonat [6]
3 years ago
8

Use the following information to calculate cash received from dividends: Dividends revenue $ 32,300 Dividends receivable, Januar

y 1 3,100 Dividends receivable, December 31 4,400 Multiple Choice $27,900. $31,000. $35,400. $32,300. $33,600.
Business
1 answer:
drek231 [11]3 years ago
4 0

Answer:

$31,000

Explanation:

Calculation for the cash received from Dividend

Beginning dividends receivable + Dividend revenue - dividends paid = Ending dividends receivable

Hence,

Using this formula

Dividends paid = Beginging dividends receivable + dividend revenue - Ending dividends receivable

Let plug in the formula

= 3,100+32,300-4,400

=31,000

Therefore the amount of cash received from dividend will be $31,000.

Thus the dividend revenue is not the dividends which was received in cash, but instead it is the dividends which was earned during the period.

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Shackleford corporation net income this year is $800,000. The company generally retains 35% of net income for reinvestment. the
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Answer:

A. $22.61

Explanation:

First,

find the growth rate(g);

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As the difference among computer manufacturers in the areas of price and performance narrows, support for green computing is eme
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Answer:

True

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3 years ago
Supply chain management refers to Question 13 options: A) how the firm compensates the employees who work on the firm's internal
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Answer:

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