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7-Beewell's net income for the year ended December 31, Year 2 was $185,000. Information from Beewell's comparative balance sheets is given below. Compute the cash
7-Beewell's net income for the year ended December 31, Year 2 was $185,000. Information from Beewell's comparative balance sheets is given below. Compute the cash paid for dividends during Year 2. DEC 31 year 2 year1 Common stock $5 par value 500000 450000 Paid-in capital in excess of par 948000 853000 retain earning 688000 582000 a. $79,000. b. $106,000. c. $95,000. d. $50,000. e. $145,000
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Essentials Of Xbrl Financial Reporting In The 21st Century
Authors: Bryan Bergeron
1st Edition
0471220779, 978-0471220770
