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:

Purchase

The act of obtaining goods or services, often in exchange for money, as part of business operations or personal consumption.

Sale

The act of selling goods or services in exchange for money or other compensation.

Polk Common Stock

A fictional example, likely referring to shares of common stock issued by a company named "Polk."

Purchase

The act of buying goods or services, often reflected in the financial transactions of a business.