Use the Following Information to Calculate Cash Received from Dividends

question 101

Multiple Choice

Use the following information to calculate cash received from dividends: $$\begin{array} { l l } \text { Dividends revenue } & \$ 63,500 \\\text { Dividends receivable, January 1 } & 3,600 \\\text { Dividends receivable, December } 31 & 3,100\end{array}$$

• A)$64,000.
• B)$63,500.
• C)$60,400.
• D)$67,100.
• E)$63,000.

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