Total cash dividends of 8000 were declared and paid

Reference no: EM13482620

At the end of 1999, the total assets of Dole Corp were $90,000 and total liabilities were $50,000. The company has been in business five years and has earned an average net income of $4,000 per year during the five years. Total cash dividends of $8,000 were declared and paid. Therefore, the total amount received for the capital stock issued by the company was

a. $28,000

b. $30,000

c. $40,000

d. $46,000

Reference no: EM13482620

Questions Cloud

Addison inc made a 20000 sale on account with the : addison inc. made a 20000 sale on account with the following terms 210 n30. if the company uses the net method to

Dcl industries purchased a supply of mechanical components : dcl industries purchased a supply of mechanical components from e corporation on november 1 2011. in payment for the

The articles of partnership for a-b partnership provide for : the articles of partnership for a-b partnership provide for a salary allowance of 5000 per month for partner b with the

For august mcguire manufactering estimated sales revenue at : for august mcguire manufactering estimated sales revenue at 200000. it pays sales comissions that are 4 of sales. the

Total cash dividends of 8000 were declared and paid : at the end of 1999 the total assets of dole corp were 90000 and total liabilities were 50000. the company has been in

Each of the items listed below can be found in the : each of the items listed below can be found in the operating section of the statement of cash flows. indicate whether

Thomas desires to have 20 of the following months sales : how complete a sale budget for quatrer when the sales are 20sales budget for the 3rd quarter

At the beginning of year 1 kare company initiated a quality : at the beginning of year 1 kare company initiated a quality improvement program. considerable effort was expended over

For august mcguire manufactering estimated sales revenue at : for august mcguire manufactering estimated sales revenue at 200000. it pays sales comissions that are 4 of sales. the

User Account

All Pages