Can Dividends paid be negative? if not what should it be?

Financial Accounting Intro Concepts Meth/Uses
14th Edition
ISBN:9781285595047
Author:Weil
Publisher:Weil
Chapter17: Synthesis And Extensions
Section: Chapter Questions
Problem 11P
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Ef 270.

Can Dividends paid be negative? if not what should it be?
Financing Activities
Long-term Notes Payable
Paid-in Capital; $0.01 par value common sto
Dividends Paid
Net Cash from Financing
Table 3 Other Information
Dividends Paid
Year end Stock price
Avg. Shares outstanding
Effective Tax Rate
Sales of Property, Plant, & Equipment
$258,898
-$125,000
-$70.800
$63,098
$145,392
SO
-$9.700
$135,692
2018
$68,000
$12.80
112,500
0.00%
$0
2019
2020
$6.00
$105,800 $35,000
$10.50
112,500 100,000
0.00% 21.19%
$0
$0
2021
$25,300
$3.50
100,000
68.59%
$0
Transcribed Image Text:Can Dividends paid be negative? if not what should it be? Financing Activities Long-term Notes Payable Paid-in Capital; $0.01 par value common sto Dividends Paid Net Cash from Financing Table 3 Other Information Dividends Paid Year end Stock price Avg. Shares outstanding Effective Tax Rate Sales of Property, Plant, & Equipment $258,898 -$125,000 -$70.800 $63,098 $145,392 SO -$9.700 $135,692 2018 $68,000 $12.80 112,500 0.00% $0 2019 2020 $6.00 $105,800 $35,000 $10.50 112,500 100,000 0.00% 21.19% $0 $0 2021 $25,300 $3.50 100,000 68.59% $0
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