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Question: The 2014 balance sheet of Creation Paints Incorporated showed $550,000 in the common stock account and $3.5 million in the additional paid-in capital/surplus account. The 2015 balance sheet showed $675,000 in the common stock account and $4.2 million in the additional paid-in capital/surplus account. Creation Paints paid out $450,000 in cash dividends during 2015. What is the cash flow to stockholders for 2015?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M92713185

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