Consider each of the following independent situations. (a) The retained earnings statement of Scott Corporation shows dividends

Question:

Consider each of the following independent situations.
(a) The retained earnings statement of Scott shows dividends of $68,000, while net income for the year was $75,000.
(b) The statement of cash flows for Silberman shows that cash provided by operating activities was $10,000, cash used in investing activities was $110,000, and cash provided by financing activities was $130,000.
Instructions
For each company provide a brief discussion interpreting these financial facts. For example, you might discuss the company’s financial health or its apparent growth philosophy.

Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...