A company had dividends payable of $35,000 at 31 December 20X1 and dividends payable of $45,000 at 31 December 20X2. The dividends in the income statement for the year to 31 December 20X2 were $60,000. What would appear in the cashflow statement for 'dividends paid'? A $10,000 B $50,000 C $60,000 D $70,000
A company had dividends payable of $35,000 at 31 December 20X1 and dividends payable of $45,000 at 31 December 20X2. The dividends in the income statement for the year to 31 December 20X2 were $60,000. What would appear in the cashflow statement for 'dividends paid'? A $10,000 B $50,000 C $60,000 D $70,000
Chapter10: Valuing Early-stage Ventures
Section10.3: Required Versus Surplus Cash
Problem 1CC
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A company had dividends payable of $35,000 at 31 December 20X1 and dividends payable of $45,000 at 31
December 20X2. The dividends in the income statement for the year to 31 December 20X2 were $60,000.
What would appear in the cashflow statement for 'dividends paid'?
A $10,000
B $50,000
C $60,000
D $70,000
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