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Question 9 (1 point) The comparative balance sheet for an entity that had profit of $175,000 for the year ended December 31, 20X2, and paid
Question 9 (1 point) The comparative balance sheet for an entity that had profit of $175,000 for the year ended December 31, 20X2, and paid $75,000 of dividends during 20X2 is as follows: Paz, Inc. Balance Sheet At December 31, Cash Accounts receivable Total assets 12/31 12/31/20X1 20X2 $150,000 $180,000 200,000 220,000 $350,000 $400,000 Payables Share capital Retained earnings Total liabilities and stockholders' equity 80.000 130,000 140.000 $160,000 125,000 115.000 $350.000 $400,000 If dividends paid are treated as an operating item, the amount of net cash from operating activities during 20X2 was
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