Question: Comprehensive problem (discussion board): Current Accounts 2009: CA = $4,400; CL = $1,500 2008: CA = $3,500; CL = $1,200 Fixed Assets and Depreciation 2009:

Comprehensive problem (discussion board): Current Accounts 2009: CA = $4,400; CL = $1,500 2008: CA = $3,500; CL = $1,200 Fixed Assets and Depreciation 2009: NFA = $3,400; 2008: NFA = $3,100 Depreciation Expense = $400 Long-term Debt and Equity 2009: LTD = $4,000; Common stock = $500 2008: LTD = $3,950; Common stock = $400 Income Statement EBIT = $2,000; Taxes = $300 Interest Expense = $350 If the Cash Flow Identity holds, compute the dividends paid out by the company.

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