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Hi, I am requesting your help. Compute the payment of cash dividends. Payment of cash dividends is $_______. Thank you, Michelle rton EXSTCh8 Equ print-out
Hi, I am requesting your help. Compute the payment of cash dividends. Payment of cash dividends is $_______. Thank you, Michelle rton EXSTCh8 Equ print-out Comparative Balance Sheet December 31, 2018 and 2017 2018 2017 Ansets Current Assets: $ 21,000 S 15,000 Cash Accounts Recelvable 55,000 51,000 81,000 95,000 Merchandise Inventory Long-term Assets: Plant Assets 272,900223,400 (47,900)(36,400) Accumulated Depreciation- Plant Assets 93,000 79,000 Investments $475,000 427,000 Total Assets Liabilities Current Liabilities: $ 75,000 S72,000 Accounts Payable 4,000 4,500 Salaries Payable Long-term Liabilities 72,000 58,000 Notes Payable 137,000148,500 Total Liabilities Stockholders' Equity 36,000 47,000 Common Stock, no par 242,500 291,000 Retained Earnings 278,500 338,000 Total Stockholders Equity S 475,000 $ 427,000 Total Liabilities and Stockholders Equity Suttoh Exercise qipment, Inc. print-out. Income Statement Year Ended December 31, 2018 Net Sales Revenue $ 711,000 341,000 Cost of Goods Sold Gross Profit 370,000 Operating Expenses: Depreciation Expense S 52,000 205,000 Other Operating Expenses Total Operating Expenses 257,000 S 113,000 Net Income
Hi, I am requesting your help.
Compute the payment of cash dividends. Payment of cash dividends is $_______.
Thank you,
Michelle
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