Question: (Please ignore the $ sign when inserting your answer as the system will not read it, and round your answer to two decimal places). A

(Please ignore the $ sign when inserting your answer as the system will not read it, and round your answer to two decimal places). A firm declared and reported in the statement of shareholders equity an amount of dividends of $725 in 2016. Dividends payable in 2016 and 2015 were $162 and $111 respectively, what is the amount of cash dividends paid by the firm in 2016?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!

(Please ignore the $ sign when inserting your answer as the system will not read it, and round your answer to two decimal places ). A firm declared and reported in the statement of shareholders'...

(Please ignore the $ sign when inserting your answer as the system will not read it, and round your answer to two decimal places).If the free cash flow of a firm is $103, net interest received is...

how do i get to this correct answer. Question 4 0 out of 1 points (Please ignore the $ sign when inserting your answer as the system will not read it, and round your answer to two decimal places). If...

A stock is expected to pay an amount of dividend of $2 by the end of the first year and $3 by the end of the second year. Assume the required return on this stock is 15% and the stock is expected to...

please ignore the wrong answers The debt weight for the WACC calculation is 23.34%. (Round to two decimal places.) The preferred stock weight for the WACC calculation is 5.16%. (Round to two decimal...

*Please note as per above- 37,787.76 is the correct answer. So please don't answer if you have something different. I just need the steps that got to this answer. Thankyou :) Question 3 0 out of 1...

Please see attached. Please show your work. Thanks Please Show Your Work Accounting for Bonds Sold at a Discount The Biltmore National Bank raised capital through the sale of $100 million face value...

Cover Page of Form 10-K: 1) What is the date of the fiscal year-end for this report? Auditor's Report: 2) What is the name of the company's independent registered public accounting firm? 3) What is...

Repeat Problem 25, with the change that the sinking fund payments are to be made at the end of every month. Problem 25 To provide for the automation of a production process in five years, Dominion...

After reading, The Value Journey: Improving Cost Structure Through Performance Improvement, answer the following questions: 1. Are there ways your facility is addressing the value-based healthcare...

hich software tool has a data limitation due to memory constraints? Multiple choice question. Microsoft Excel Tableau Microsoft Power BI

Add "Viggo Mortenslet cast = new Map ( ) ;en " to the cast as the key, with value "Aragorn".