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Author Question: The following information is available for Cyrus Corp. What amount of cash was paid for dividends ... (Read 80 times)

james9437

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The following information is available for Cyrus Corp. What amount of cash was paid for dividends during 2018?
20182017
Net Income$84,000​$84,500​
Cash & Cash Equivalents13,600 12,200
Common Stock90,000 70,000
Retained Earnings74,000​49,000​

◦ $59,000
◦ $109,000
◦ $109,500
◦ $59,500


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Marked as best answer by james9437 on Feb 19, 2020

cadimas

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james9437

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Reply 2 on: Feb 19, 2020
Thanks for the timely response, appreciate it


yeungji

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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