What was the amount of cash payments to stockholders during, Ask an Expert

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The board of directors declared cash dividends totaling $152,000 during the current year. The comparative balance sheet indicates dividends payable of $42,000 at the beginning of the year and $38,000 at the end of the year.

What was the amount of cash payments to stockholders during the year?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9405134

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