56. Given the information below about Thomas Corporation, what was the amount of dividends the company paid in the current period? A. $13,000. B. $110,000. C. $28,000. D. $18,000. 57. Retained earnings at the end of the year is calculated using: A. Beginning retained earnings, net income, and dividends. B. Common stock and dividends. C. Stockholders' equity, net income, and dividends. D. Net income and dividends. 58. The financial statement that represents the accounting equation is the: A. Income statement. B. Statement of cash flows. C. Balance sheet. D. Statement of stockholders' equity. 59. Which of the following is not a major section in the statement of cash flows? A. Cash flows from operating activities. B. Cash flows from financing activities. C. Cash flows from customers. D. Cash flows from investing activities. 60. Given the information below about David Corporation, what was the amount of dividends the company paid in the current period? A. $140,000. B. $0. C. $30,000. D. $20,000.
56. Given the information below about Thomas Corporation, what was the amount of dividends the company paid in the current period? A. $13,000. B. $110,000. C. $28,000. D. $18,000. 57. Retained earnings at the end of the year is calculated using: A. Beginning retained earnings, net income, and dividends. B. Common stock and dividends. C. Stockholders' equity, net income, and dividends. D. Net income and dividends. 58. The financial statement that represents the accounting equation is the: A. Income statement. B. Statement of cash flows. C. Balance sheet. D. Statement of stockholders' equity. 59. Which of the following is not a major section in the statement of cash flows? A. Cash flows from operating activities. B. Cash flows from financing activities. C. Cash flows from customers. D. Cash flows from investing activities. 60. Given the information below about David Corporation, what was the amount of dividends the company paid in the current period? A. $140,000. B. $0. C. $30,000. D. $20,000.
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