The Following Information Pertains to Alpha Computing at the End

question 63

Multiple Choice

The following information pertains to Alpha Computing at the end of 2012:
$$\begin{array} { | l | r | } \hline \text { Assets } & \$ 970,000 \\\hline \text { Liabilities } & \$ 560,000 \\\hline \text { Net Income } & \$ 90,000 \\\hline \text { Common Stock } & \$ 350,000 \\\hline\end{array}$$
Alpha Computing's Retained Earnings account had a zero balance at the beginning of 2012.
What amount of dividends did the company pay in 2012?

• A)$280,000.
• B)$150,000.
• C)$30,000.
• D)$80,000.

---

Definitions:

Comprehension

The act or capability of understanding and grasping the meaning or significance of something.

Psychological Barriers

Mental or emotional obstacles that hinder communication or the progress of an individual.

Listening

The active process of receiving and understanding messages communicated by others through sounds or gestures.

Communication Technology

Tools and systems used for the transmission, reception, and processing of data and information, enabling faster and more efficient communication.