The accountant for Sysco Company is preparing the company's statement of cash flows for the fiscal year just ended. The following information is available: Retained earnings balance at the beginning of the year Net income for the year Cash dividends declared for the year Retained earnings balance at the end of the year Cash dividends payable at the beginning of the year Cash dividends payable at the end of the year $ 959,000 300,000 56,000 1,427,000 12,800 15,200 What is the amount of cash dividends paid that should be reported in the financing section of the statement of cash flows? Refer to the following selected financial information from Phantom Corp. Compute the company's days' sales in inventory for Year 2 (Use 365 days a year.) Merchandise inventory Cost of goods sold Year 2 Year 1 283,000 265,500 474,400 421,100 Multiple Choice 223.6 245,3 2301 2043 Ron Landscaping's income statement reports net income of $74,900, which includes deductions for interest expense of $11,300 and income taxes of $34.500. Its times interest earned is: Multiple Choice