The Following Information Was Drawn from the Year-End Balance Sheets

question 7

Multiple Choice

The following information was drawn from the year-end balance sheets of White, Inc.The amount of net income shown on the Year 2 income statement was $17,500. There was no beginning or ending balance in the Dividends Payable account. What is the amount of cash outflows for dividends? $$\begin{array} { | l | r | r | } \hline & 2014 & 2013 \\\hline \text { Bonds payable } & \$ 200,000 & \$ 275,000 \\\hline \text { Common stock } & 112,500 & 87,500 \\\hline \text { Treasury stock } & 17,500 & 12,500 \\\hline \text { Retained earnings } & 35,000 & 27,500 \\\hline\end{array}$$

• A)$7,500
• B)$25,000
• C)$17,500
• D)$10,000

---

Definitions:

Symptoms

Signs or indications of a disease, disorder, or other health condition, often recognized through patient self-report or observation.

SOAP Documentation

A method of documentation in healthcare that stands for Subjective, Objective, Assessment, and Plan, used by health care providers to write out notes in a patient's chart.

Medical Record

A comprehensive file containing a patient's personal, medical, and treatment history, used by healthcare providers for continuity of care.

Documentation

The act of recording information, events, or processes in a systematic manner, often for legal, historical, or informational purposes.