What was the cash flow to stockholders for the year, Accounting Basics

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What was the cash flow to stockholders for the year

The 2011 balance sheet of Anna's Tennis Shop, Inc, showed $490,000 in common stock account and $3.4 million in the additional paid-in surplus account. The 2012 balance sheet showed $525,000 and $3.7 million in the same two accounts, respectively. If the company paid out $275,000 in cash dividends during 2012, what was the cash flow to stockholders for the year?

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Accounting Basics: What was the cash flow to stockholders for the year

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The 2011 balance sheet of Anna's Tennis Shop, Inc, showed $490,000 in common stock account and $3.4 million in the additional paid-in surplus account.

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Accounting Basics: What was the cash flow to stockholders for the year

Reference No:- TGS0553654

Have a Question? (oR Write a Review)

Recent Questions Asked Accounting Basics

Q : Explain a technique to compute equity value

Q : What is the database warehousing programs

Q : Estimated production needs for a unit

Q : What is the relevant cost

Q : What was the cash flow to stockholders for the year

Q : How to account for the pentium chip flaw

Q : What has been the effect of this practice on accounting

Q : Telephone answer machines and automatic bank tellers

Q : What is the total product cost per case

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Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: What was the cash flow to stockholders for the year

Reference No:- TGS0553654

Recent Questions Asked Accounting Basics

Q : Explain a technique to compute equity value

Q : What is the database warehousing programs

Q : Estimated production needs for a unit

Q : What is the relevant cost

Q : What was the cash flow to stockholders for the year

Q : How to account for the pentium chip flaw

Q : What has been the effect of this practice on accounting

Q : Telephone answer machines and automatic bank tellers

Q : What is the total product cost per case

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