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Accounting

Problem:

The 2010 balance sheet of marias tennis inc, showed 680,000 in the common stock account and 4.3 million in the additional paid-in surplus account. The 2011 balance sheet showed 715,000 and 4.7 million in the same two accounts, respecitively.

Required:

Question: If the company paid out 540,000 in cash dividends during 2011, what was the cash flow to stockholders for the year?

Note: Provide support for your underlying principle.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M91168209

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