Marshland Company is preparing the company's statement of cash flows for the fiscal year just ended. The
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Question:
Marshland Company is preparing the company's statement of cash flows for the fiscal year just ended. The following information is available:
Cash dividends declared in the year | $40,000 |
Cash dividends payable at the beginning of the year | $17,000 |
Cash dividends payable at the end of the year | $13,000 |
The amount of cash paid as dividends was ?
Related Book For
Using Financial Accounting Information The Alternative to Debits and Credits
ISBN: 978-1133161646
7th Edition
Authors: Gary A. Porter, Curtis L. Norton
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