Solution-What was the amount of cash payments to

What was the amount of cash payments to stockholders

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Problem - 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: EM132683866

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What was the amount of cash payments to stockholders

Reference no: EM132683866

Reference no: EM132683866

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