Given the Information Below About David Corporation,what Was the Amount

question 17

Multiple Choice

Given the information below about David Corporation,what was the amount of dividends the company paid in the current period?
$$\begin{array} { | l | l | } \hline \text { Beginning retained earnings } & \$ 35,000 \\\hline \text { Ending retained earnings } & \$ 90,000 \\\hline \text { Increase in cash } & \$ 25,000 \\\hline \text { Net income } & \$ 85,000 \\\hline \text { Change in stockholders' equity } & \$ 20,000 \\\hline\end{array}$$

• A)$140,000.
• B)$0.
• C)$30,000.
• D)$20,000.

---

Definitions:

Leadership Skills

The abilities and qualities that enable an individual to influence, motivate, and enable others to contribute toward organizational success.

Personal Relationships

Connections between individuals based on emotional bonds, kinship, or social commitments.

Critical Thought

The intellectually disciplined process of actively and skillfully conceptualizing, applying, analyzing, synthesizing, and evaluating information to reach a conclusion.

Key Terms

Essential words or phrases that are crucial for understanding a particular subject or area of study.