Reading Columbia Sportswear’s Statement of Cash Flows
Refer to Columbia Sportswear's statement of cash flows for the year ending December 31, 2011.
Required:
1. What was the amount of dividends paid to stockholders during the period? Enter your answer in dollars and not in thousands of dollars.
$ _________________
2. The Financing Activities section indicates a large negative amount for the repurchase of stock, presumably as treasury stock. When treasury stock is purchased, what is the effect on the accounts of the balance sheet?
Cash _________________
Total stockholders' equity __________