Question
A company reported total stockholders' equity of $170,000 on its balance sheet dated December 31, 2016. During the year ended December 31, 2017, the company
A company reported total stockholders' equity of $170,000 on its balance sheet dated December 31, 2016. During the year ended December 31, 2017, the company reported net income of $20,000, declared and paid a cash dividend of $4,000, declared and distributed a 10% stock dividend with a $5,000 total market value, and issued additional common stock for $40,000. What is total stockholders' equity as of December 31, 2017? $221,000. $226,000. $231,000. $234,000. Flow Company has provided the following information for the year ended December 31, 2016: Cash paid for interest, $20,000 Cash paid for dividends, $6,000 Cash dividends received, $4,000 Cash proceeds from bank loan, $29,000 Cash purchase of treasury stock, $11,000 Cash paid for equipment purchase, $27,000 Cash received from issuance of common stock, $37,000 Cash received from sale of land with a $32,000 book value, $25,000 Acquisition of land costing $51,000 in exchange for preferred stock issuance Payment of a $100,000 note payable by exchanging used machinery with a $77,000 book value and $100,000 fair value How much was Flow's net cash flow from investing activities? A net outflow of $2,000. OA net inflow of $2,000. OA net inflow of $49,000. OA net outflow of $53,000
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