Determining cash payments to stockholders the board of

Reference no: EM13605378

Determining Cash Payments to Stockholders The board of directors declared cash dividends totaling $260,000 during the current year. The comparative balance sheet indicates dividends payable of $74,500 at the beginning of the year and $65,000 at the end of the year. What was the amount of cash payments to stockholders during the year? $_

Reference no: EM13605378

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