Volt CorpReported the Following Information for the Year Ended December 31

question 26

Multiple Choice

Volt Corp.reported the following information for the year ended December 31, 2016: $$\begin{array} { l r } \text { Revenues } & \$ 50,000 \\\text { Expenses } & 20,000 \\\text { Retained earnings at December } 31,2016 & 100,000 \\\text { Retained earnings at December } 31,2015 & 105,000\end{array}$$ ? How much was paid out in dividends by Volt in 2016?

• A) $ 20,000
• B) $ 25,000
• C) $ 30,000
• D) $ 50,000

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Definitions:

One-way Symmetrical

A communication model where messages are sent from an organization to its publics without expecting or incorporating feedback, focusing on persuasion.

Trust

The firm belief in the reliability, truth, ability, or strength of someone or something, often considered a key component in building and maintaining relationships and credibility.

Drive Change

The effort to cause or facilitate a shift in behavior, process, or culture within an organization or community.

Expansion

The act of growing or increasing the scope of activities, operations, or influence of an entity or concept.