Reference no: EM131063049
The December 31, 2013, balance sheet of Schism, Inc., showed $141,000 in the common stock account and $2,660,000 in the additional paid-in surplus account. The December 31, 2014, balance sheet showed $151,000 and $2,960,000 in the same two accounts, respectively. If the company paid out $146,000 in cash dividends during 2014. (Enter your answer as directed, but do not round intermediate calculations.)
Required:
What was the cash flow to stockholders for the year? (Negative amount should be indicated by a minus sign. Enter your answer in dollars, not millions of dollars (e.g., 1,234,567).)
Cash flow to stockholders $
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What was the cash flow to stockholders for the year
: The December 31, 2013, balance sheet of Schism, Inc., showed $141,000 in the common stock account and $2,660,000 in the additional paid-in surplus account. The December 31, 2014, balance sheet showed $151,000 and $2,960,000 in the same two accounts, ..
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