The accountant for Sysco Company is preparing the company's statement of cash flows for the fiscal year just ended. The following information is available: Retained earnings balance at the beginning of the year$819,000Net income for the year 230,000Cash dividends declared for the year 42,000Retained earnings balance at the end of the year 1,007,000Cash dividends payable at the beginning of the year 10,000Cash dividends payable at the end of the year 11,000What is the amount of cash dividends paid that should be reported in the financing section of the statement of cash flows?
A. $1,000.
B. $43,000.
C. $63,000.
D. $42,000.
E. $41,000.
Answer: E
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According to Hogg’s research on leadership and social identity theory, a person is most likely to emerge as a leader in a group when she/he ______.
A. stands out as being uniquely different from the rest of the group B. can correctly identify the social status of each group member C. is recognized as being most similar to the group prototype D. is the most socially networked person in the group
The Allowance for Bad Debts account has a debit balance of $8000 before the adjusting entry for bad debts expense. After analyzing the accounts in the accounts receivable subsidiary ledger using the aging-of-receivables method, the company's management estimates that uncollectible accounts will be $15,000. What amount of bad debts expense will be reported on the income statement?
A) $4000 B) $23,000 C) $7000 D) $15,000
As long as an analyst's overhead and task lighting meet federal safety standards, they do not need to be supplemented by periodic exposure to natural light.
Answer the following statement true (T) or false (F)
A school is trying to determine a nutritional diet to feed its students. The school would like to offer some combination of milk and beans. The school’s objective is to minimize cost, subject to meeting the minimum nutritional requirements of protein, calcium, and calories. The cost and nutritional content of each food, along with the minimum nutritional requirements are shown here.
At the optimum solution, what is the total number of units of calcium included in the diet?
a. 51
b. 30
c. 43
d. 22