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Question
Cash dividends of $45,000 were declared during the year. Cash dividends payable were $10,000 at the beginning of the year and $15,000 at the end of the year. The amount of cash paid for dividends during the year is
a. $50,000
b. $40,000
c. $55,000
d. $35,000
Answer
This answer is hidden. It contains 1 characters.
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