Question:
Presented below are the 2013 income statement and comparative balance sheets for Santana Industries.
Additional information for the 2013 fiscal year ($ in thousands):
1. Cash dividends of $1,000 were declared and paid.
2. Equipment costing $4,000 was purchased with cash.
Presented below are the 2013 income statement and comparative balance sheets for Santana Industries.
Additional information for the 2013 fiscal year ($ in thousands):
1. Cash dividends of $1,000 were declared and paid.
2. Equipment costing $4,000 was purchased with cash.
