Fernwood Company is preparing the company's statement of cash flows for the fiscal year just ended. The following information is available: The amount of cash paid for dividends was:
A)$52,000.
B)$60,000.
C)$58,000.
D)$50,000.
E)$42,000.

Question

Fernwood Company is preparing the company's statement of cash flows for the fiscal year just ended. The following information is available:  The amount of cash paid for dividends was:
A)$52,000. 
B)$60,000. 
C)$58,000. 
D)$50,000. 
E)$42,000.

Quizplus · Accepted Answer

The Answer of Fernwood Company is preparing the company's statement of cash flows for the fiscal year just ended. The following information is available:  The amount of cash paid for dividends was:
A)$52,000. 
B)$60,000. 
C)$58,000. 
D)$50,000. 
E)$42,000.

Fernwood Company Is Preparing the Company's Statement of Cash Flows