The Following Information Is Taken from the Financial Statements of Cyrus

question 32

Multiple Choice

The following information is taken from the financial statements of Cyrus Ltd for the year ended 30 June 2019. What were the total dividends paid during the year?

• A) $250 000
• B) $460 000
• C) $480 000
• D) None of the above

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Definitions:

Exchange

The act of trading goods, services, or currencies among parties.

Bakery

A bakery is a business establishment that produces and sells flour-based food baked in an oven such as bread, cookies, cakes, pastries, and pies.