Olympus Company has the following information: Retained E…

Olympus Company has the following information: Retained Earnings from last year’s Balance Sheet      $36,000 Retained Earnings from this year’s Balance Sheet      $47,000 Net Income shown in this year’s Income Statement      $20,000 Based on the information above, Cash Dividends paid to stockholders this year was _________, which is reported in the _________ Activities section of this year’s Statement of Cash Flows.  

The following amounts were taken from Athens Company’s finan…

The following amounts were taken from Athens Company’s financial statements: Balance Sheet as of December 31, 20X4 shows Cash as $140,000. Statement of Cash Flows for the year ended December 31, 20X5 shows:  Net Cash Flows from Operating Activities $130,000 Net Cash Flows from Investing Activities  ($80,000) Net Cash Flows from Financing Activities $30,000   Based on the data above, Athens Company’s Balance Sheet as of December 31, 20X5 shows Cash equal to _______________. 

A company’s managerial accountants have gathered the followi…

A company’s managerial accountants have gathered the following information about a capital investment that the company is considering to make:   ANNUAL CASH INFLOWS $4,000,000 ANNUAL CASH OUTFLOWS $1,500,000 INVESTMENT AMOUNT $12,000,000 USEFUL LIFE OF THE INVESTMENT in years 8 years SALVAGE VALUE OF THE INVESTMENT $800,000   Based on the information above, the Accounting Rate of Return for the investment is _____________. (Round your answer to two decimal places XX.XX)

Argive Corporation has the following data for the current ye…

Argive Corporation has the following data for the current year ended December 31:   Net income $40,000 Depreciation expense $6,000 Sales revenue 55,000 Decrease in current liabilities 20,000 Loss on sale of land 5,000 Increase in current assets other than cash 12,000 Acquisition of land 38,000   Argive Corporation’s Net Cash flows from Operating Activities by the Indirect Method for current year ended December​ 31 is ___________.