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The December 31, 2015, balance sheet of Schism, Inc., showed $146,000 in the common stock account and $2,710,000 in the additional paid-in surplus account. The December 31, 2016, balance sheet showed $156,000 and $3,010,000 in the same two accounts, respectively. The company paid out $151,000 in cash dividends during 2016.

What was the cash flow to stockholders for the year?

Financial Management, Finance

  • Category:- Financial Management
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