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The Amount of Cash Paid for Dividends for the Current

Question 7

Multiple Choice

The amount of cash paid for dividends for the current year can be calculated by the following formula:


A) beginning dividends payable minus ending dividends payable plus dividends declared
B) beginning dividends payable plus ending dividends payable plus dividends declared
C) beginning dividends payable minus ending dividends payable minus dividends declared
D) beginning dividends payable plus ending dividends payable minus dividends declared

Correct Answer:

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