Answered: Use the following information to…

Use the following information to calculate cash received from dividends: Dividends revenue $ 30,300 Dividends receivable, January 1 2,700 Dividends receivable, December 31 3,600

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter11: The Statement Of Cash Flows

Section: Chapter Questions

Problem 13MCQ

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Question

Use the following information to calculate cash received from dividends:
Dividends revenue
$ 30,300
Dividends receivable, January 1
2,700
Dividends receivable, December 31 3,600
$26,700
O s30.300
S33.000.
O s29400

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