Question
The following information pertains to Alpha Computing at the end of 2012: Assets $975,000 Liabilities $573,000 Net Income $82,000 Common Stock $367,000 Alpha Computing's Retained
The following information pertains to Alpha Computing at the end of 2012:
| Assets | $975,000 |
| Liabilities | $573,000 |
| Net Income | $82,000 |
| Common Stock | $367,000 |
| Alpha Computing's Retained Earnings account had a zero balance at the beginning of 2012. What amount of dividends did the company pay in 2012? |
$82,000
$35,000
$44,000
$47,000
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Auditing Oracle E Business Suite Common Issues
Authors: Jeffrey T. Hare
1st Edition
1329529766, 978-1329529762
