Question the 2014 balance sheet of sugarpovas tennis shop, Ask an Expert

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Question: The 2014 balance sheet of Sugarpova's Tennis Shop, Inc., showed $630,000 in the common stock account and $4.9 million in the additional paid-in surplus account. The 2015 balance sheet showed $670,000 and $5.4 million in the same two accounts, respectively. If the company paid out $620,000 in cash dividends during 2015, what was the cash flow to stockholders for the year?

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Category:- Basic Finance
Reference No.:- M92762856

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