Question #2

E Assignments X 13 Final Examination (- 0' ti mylabtpearsontcom ACCT 106 - W01 Financial Accounting ll Jordan Hue 05/16/23 6:21 PM ('2) This test: 5 point(s) possible This question: 1 point(s) possible E Test: Final Examination Question 2 of5 > Submit test Consider the following facts for Heath Haven: Question list '6 0 (Click the icon to view the facts.) Requirements 1. How much are cash dividends? uestion 1 O Q 2. What was the amount of the cash receipt from the sale of plant assets? 0 Question 2 Requirement 1. How More Info 0 Questlon 3 Cash dividends are . Beginning and ending Retained Earnings are $46,000 and $74.000. Requirement 2. What respectively. Net income for the period is $61,000. 0 Question 4 . Beginning and ending PlantAssets are $122,500 and $129,500, respectively. The cash receipt from . . Beginning and ending Accumulated DepreciationPlant Assets are $21,500 and $23,500, respectively. . Depreciation Expense for the period is $14,000, and acquisitions of new plant 0 Question 5 assets total $25,000. Plant assets were sold at a $5,000 gain. E Assignments X 1) Final Examination ( 0' ti mylabtpearsoncom ,, ,1 ,7 ,i l, ,i , , , ACCT 106 - W01 Financial Accounting ll Jordan Hue 05/16/23 6:21 PM ('2) This test: 5 point(s) possible This question: 1 point(s) possible Sme't test E Test: Final Examination Question 2 of5 > Consider the following facts for Heath Haven: Question list '6 .(Click the icon to view the facts.) Requirements 1. How much are cash dividends? uestion 1 O Q 2. What was the amount of the cash receipt from the sale of plant assets? E) 0 Question 2 Requirement 1. How much are cash dividends? 0 Question 3 Cash dividends are Requirement 2. What was the amount of the cash receipt from the sale of plant assets? 0 Question 4 The cash receipt from the sale plant assets is 0 Question 5