Salah's net income for the year ended December 31,Year 2 was $175,000.Information from Salah's comparative balance sheets is given below.Compute the cash paid for dividends during Year 2.
A)$79,000.
B)$201,000.
C)$95,000.
D)$50,000.
E)$69,000.

Question

Salah's net income for the year ended December 31,Year 2 was $175,000.Information from Salah's comparative balance sheets is given below.Compute the cash paid for dividends during Year 2. 
A)$79,000. 
B)$201,000. 
C)$95,000. 
D)$50,000. 
E)$69,000.

Quizplus · Accepted Answer

The Answer of Salah's net income for the year ended December 31,Year 2 was $175,000.Information from Salah's comparative balance sheets is given below.Compute the cash paid for dividends during Year 2. 
A)$79,000. 
B)$201,000. 
C)$95,000. 
D)$50,000. 
E)$69,000.

Salah's Net Income for the Year Ended December 31,Year 2