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Financial Accounting Final - Parte 2 di 4!
CAMPIONE
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13. Statement of Cash Flows / Financing Activities / Problema 24
Problema 24

A company has a beginning retained earnings balance of \$200,000, net income of \$50,000, and an ending retained earnings balance of \$220,000. If dividends payable increased by \$5,000 during the year, what is the cash payment of dividends?