The 2008 balance sheet of marias tennis shop inc. showed, Ask an Expert

Accounting

The 2008 balance sheet of Maria's Tennis Shop, Inc., showed $740,000 in the common stock account and $5.2 million in the additional paid-in surplus account. The 2009 balance sheet showed $815,000 and $5.5 million in the same two accounts, respectively. The company paid out $490,000 in cash dividends during 2009.

What was the cashflow to stockholders for the year 2009 ?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M975367

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