Use the following information to calculate cash received from dividends: Dividends revenue $ 30,300 Dividends receivable, January 1 Dividends receivable, December 31 3,600 2,700

Financial Accounting
15th Edition
ISBN:9781337272124
Author:Carl Warren, James M. Reeve, Jonathan Duchac
Publisher:Carl Warren, James M. Reeve, Jonathan Duchac
Chapter8: Internal Control And Cash
Section: Chapter Questions
Problem 5PEA: Financial data for Otto Company follow: a. Compute the ratio of cash to monthly cash expenses. b....
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Use the following information to calculate cash received from dividends:
Dividends revenue
$ 30,300
Dividends receivable, January 1
2,700
Dividends receivable, December 31 3,600
O s26,700
$30.300
S1000
$29.400
Transcribed Image Text:Use the following information to calculate cash received from dividends: Dividends revenue $ 30,300 Dividends receivable, January 1 2,700 Dividends receivable, December 31 3,600 O s26,700 $30.300 S1000 $29.400
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