The 2014 balance sheet of jordanrsquos golf shop inc showed, Ask an Expert

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The 2014 balance sheet of Jordan’s Golf Shop, Inc., showed $460,000 in the common stock account and $3.2 million in the additional paid-in surplus account. The 2015 balance sheet showed $500,000 and $3.5 million in the same two accounts, respectively. If the company paid out $410,000 in cash dividends during 2015, what was the cash flow to stockholders for the year?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92787412

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