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Costs of goods sold are recorded based on the matching principle. 13 14 15 16 17 18 Question 16 (2.3 points) At the beginning of

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Costs of goods sold are recorded based on the matching principle. 13 14 15 16 17 18 Question 16 (2.3 points) At the beginning of the year, the balance sheet of The Outlet showed $7 in the common stock account and $142 million in the additional paid-in surplus account. The end-of-year balance sheet showed $12 and $284 million in the same two accounts, respectively. The company paid out $53 in cash dividends during the year. What is the cash flow to stockholders for the year? Use a negative sign if the cash flow to stockholders was negative. Do not use the $ sign in your answer. Your Answer: 19 20 21 22 23 24 25 26 27 Answer 28 29 30 Question 17 (2.3 points) Aivree wants to accumulate great wealth but she invests all of her funds in U.S. Treasury bills because she wants to avoid the potential losses she knows can occur in the stock markets. Aivree best illustrates which one of these characteristics? 31 32 I nee version

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