9. 9. Cash flow to shareholders [LO 2.4] The 2019 statement of financial position of Tilpa Tennis...
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9. 9.
Cash flow to shareholders [LO 2.4] The 2019 statement of financial position of Tilpa Tennis Shop Ltd showed $4.63 million in the shareholders' funds. The 2020 statement showed $5.005 million in the same account. If the company paid out $545 000 in cash dividends during 2020, what was the cash flow to shareholders for the year?
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Related Book For 
Fundamentals Of Corporate Finance
ISBN: 9781743768051
8th Edition
Authors: Stephen A. Ross, Rowan Trayler, Charles Koh, Gerhard Hambusch, Kristoffer Glover, Randolph W. Westerfield, Bradford D. Jordan
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