The Following Information Pertains to Alpha Computing at the End

question 73

Multiple Choice

The following information pertains to Alpha Computing at the end of 2015:
Alpha Computing's Retained Earnings account had a zero balance at the beginning of 2015.What amount of dividends did the company pay in 2015?

Alpha Computing’s Retained Earnings account had a zero balance at the beginning of 2015. What amount of dividends did the company pay in 2015?

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

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Definitions:

Internal Revenue Service

The United States governmental body in charge of collecting taxes and enforcing tax legislation.

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The act of conducting tests or trials to explore effects of actions or to discover new information, often used in research, product development, and problem-solving.

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