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Category > Accounting Posted 18 Jun 2017 My Price 2.00

The board of directors of Gifford Corp. declared cash dividends of $260,000 during the current year


The board of directors of Gifford Corp. declared cash dividends of $260,000 during the current year. If dividends payable was $85,000 at the beginning of the year and $90,000 at the end of the year, how much cash was paid in dividends during the year?

 

 

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Alpha Geek
(8)
Status NEW Posted 18 Jun 2017 09:06 AM My Price 2.00

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Attachments

file 1497778544-2122360_1_636332617809084849_cash-dividends-paid.xlsx preview (75 words )
21-----------223-----------60&-----------amp-----------;am-----------p;i-----------nfo-----------Id=-----------515-----------180-----------&am-----------p;a-----------mp;-----------cas-----------h d-----------ivi-----------den-----------dsT-----------he -----------boa-----------rd -----------of -----------dir-----------ect-----------ors----------- of----------- Gi-----------ffo-----------rd -----------Cor-----------p. -----------dec-----------lar-----------ed -----------cas-----------h d-----------ivi-----------den-----------ds -----------of -----------$26-----------0,0-----------00 -----------dur-----------ing----------- th-----------e c-----------urr-----------ent----------- ye-----------ar.----------- If----------- di-----------vid-----------end-----------s p-----------aya-----------ble----------- wa-----------s $-----------85,-----------000----------- at----------- th-----------e b-----------egi-----------nni-----------ng -----------of -----------the----------- ye-----------ar -----------and----------- $9-----------0,0-----------00 -----------at -----------the----------- en-----------d o-----------f t-----------he -----------yea-----------r, -----------how----------- mu-----------ch -----------cas-----------h w-----------as -----------pai-----------d i-----------n d-----------ivi-----------den-----------ds -----------dur-----------ing----------- th-----------e y-----------ear-----------?$D-----------ivi-----------den-----------ds -----------pay-----------abl-----------e -----------at -----------the----------- be-----------gin-----------nin-----------g o-----------f t-----------he -----------yea-----------rAd-----------din-----------g d-----------ecl-----------are-----------d c-----------ash----------- di-----------vid-----------end-----------s i-----------n c-----------urr-----------ent----------- ye-----------arL-----------ess----------- di-----------vid-----------end-----------s p-----------aya-----------ble----------- a-----------t t-----------he -----------beg-----------inn-----------ing-----------
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