Consider each of the following independent situations.
(a) The retained earnings statement of Scott Corporation shows dividends of $68,000, while net income for the year was $75,000.
(b) The statement of cash flows for Silberman Corporation shows that cash provided by operating activities was $10,000, cash used in investing activities was $110,000, and cash provided by financing activities was $130,000.
Instructions
For each company provide a brief discussion interpreting these financial facts. For example, you might discuss the company"s financial health or its apparent growth philosophy.