The december 31 2013 balance sheet of schism inc 120000 in, Ask an Expert

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The December 31 , 2013 balance sheet of schism inc 120,000 in common stock account and 2,120,000 in the additional paid in surplus account.
The December 31 , 2014 balance sheet showed 135,00 and $2,380,000 in the same tow accounts respectively. If the company paid out $135,000 in cash dividends during 2014, what was the cash flow to stockholders for the year?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9864624

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