The 2014 balance sheet of sugarpovarsquos tennis shop inc, Ask an Expert

Finance

The 2014 balance sheet of Sugarpova’s Tennis Shop, Inc., showed $580,000 in the common stock account and $3.5 million in the additional paid-in surplus account. The 2015 balance sheet showed $620,000 and $3.9 million in the same two accounts, respectively.

If the company paid out $520,000 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.:- M91416079

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