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The 2008 balance sheet of Maria's Tennis Shop, Inc., showed $900,000 in the common stock account and $6.4 million in the additional paid-in surplus account. The 2009 balance sheet showed $845,000 and $8 million in the same two accounts, respectively. If the company paid out $530,000 in cash dividends during 2009, What was the cash flow to stockholders for the year?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92794148

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