Harrison Recyclers Company Uses the Indirect Method to Prepare Its

question 90

Multiple Choice

Harrison Recyclers Company uses the indirect method to prepare its statement of cash flows.Refer to the following information for 2017:
1.Retained Earnings,beginning balance,$142,000
2.Retained Earnings,ending balance,$121,000
3.There is a net loss of $15,000 for the year.
What is the amount of dividends declared during the year?

• A)$36,000
• B)$13,000
• C)$6,000
• D)$15,000

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Definitions:

Operant Conditioning

Learning that results from rewarding or reinforcing a particular behavior.

Genetics

The branch of biology that studies genes, genetic variation, and heredity in organisms, explaining how traits are passed from parents to offspring.

Environment

The surroundings or conditions in which an organism lives or operates.

Sensitive Period

A specific time in an organism's development when it is particularly receptive to certain environmental stimuli or experiences.