The accountant for Glasgow Company is preparing the company's statement of cash flows for the fiscal year just ended. The following information is available: What is the amount of cash dividends paid that should be reported in the financing section of the statement of cash flows?
A)$521,000.
B)$345,000.
C)$88,000.
D)$433,000.
E)$1,374,000.

Question

The accountant for Glasgow Company is preparing the company's statement of cash flows for the fiscal year just ended. The following information is available:  What is the amount of cash dividends paid that should be reported in the financing section of the statement of cash flows?
A)$521,000. 
B)$345,000. 
C)$88,000. 
D)$433,000. 
E)$1,374,000.

Quizplus · Accepted Answer

The Answer of The accountant for Glasgow Company is preparing the company's statement of cash flows for the fiscal year just ended. The following information is available:  What is the amount of cash dividends paid that should be reported in the financing section of the statement of cash flows?
A)$521,000. 
B)$345,000. 
C)$88,000. 
D)$433,000. 
E)$1,374,000.

The Accountant for Glasgow Company Is Preparing the Company's Statement