Use the following information to calculate cash received from dividends:
$$\begin{array} { l r }
\text { Dividends revenue } & \$ 63,500 \
\text { Dividends receivable, January 1 } & 3,600 \
\text { Dividends receivable, December } 31 & 3,100
\end{array}$$
A) $63,500.
B) $63,000.
C) $64,000.
D) $67,100.
E) $60,400.

Question

Use the following information to calculate cash received from dividends:
$$\begin{array} { l r } 
\text { Dividends revenue } & \$ 63,500 \
\text { Dividends receivable, January 1 } & 3,600 \
\text { Dividends receivable, December } 31 & 3,100
\end{array}$$
A) $63,500.
B) $63,000.
C) $64,000.
D) $67,100.
E) $60,400.

Quizplus · Accepted Answer

The Answer of Use the following information to calculate cash received from dividends:
$$\begin{array} { l r } 
\text { Dividends revenue } & \$ 63,500 \
\text { Dividends receivable, January 1 } & 3,600 \
\text { Dividends receivable, December } 31 & 3,100
\end{array}$$
A) $63,500.
B) $63,000.
C) $64,000.
D) $67,100.
E) $60,400.

Use the Following Information to Calculate Cash Received from Dividends