Question: The board of directors declared cash dividends totaling 364 000 during

The board of directors declared cash dividends totaling $364,000 during the current year.
The comparative balance sheet indicates dividends payable of $104,300 at the beginning of the year and $91,000 at the end of the year. What was the amount of cash payments to stockholders during the year?


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  • CreatedFebruary 28, 2014
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