In Each of the Following Cases,use the Information Provided About

question 27

Multiple Choice

In each of the following cases,use the information provided about the current year operations of Ivy Company to calculate the indicated cash flow item. $\begin{array}{|l|l|r|}\hline \text { Case A: } & \text { Calculate cash received from dividends } & ? \\\hline & \text { Dividend revenue } & 14,900 \\\hline & \text { Dividends receivable January 1 } & 1,400 \\\hline & \text { Dividends receivable December 31 } & 1,700 \\\hline\end{array}$

• A)Case A = $14,600; Case B = $81,000
• B)Case A = $14,900; Case B = $78,900
• C)Case A = $15,300; Case B = $81,000
• D)Case A = $14,600; Case B = $78,900
• E)Case A = $14,900; Case B = $84,000

---

Definitions:

Quality Management System

A framework of processes and procedures used to ensure that an organization can consistently meet customer and regulatory requirements for quality.

Cost-Benefit Analysis

A process used to evaluate the overall value of a project or decision by comparing its costs to its benefits.

Pareto Chart

A type of chart used in quality control and project management that combines both bars and a line graph, where individual values are represented in descending order by bars, and the cumulative total is represented by the line.

Cumulative Total

The sum of all values in a sequence, typically used in reference to numerical data or financial transactions.