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Below is the balance sheet for Southern Comfort Company for December 31 of 2015 and 2016. 3. What was the cash flow to stockholders in

Below is the balance sheet for Southern Comfort Company for December 31 of 2015 and 2016.

3. What was the cash flow to stockholders in 2016? The incorrect answers are shown as: 380, 5380, and 1100.

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Intro Below is the balance sheet for Southern Comfort Company for December 31 of 2015 and 2016. 2015 2016 2015 2016 Cash 900 1,000 Accounts payable 2,700 3,000 Accounts receivable 2,700 3,000 Current liabilities 2,700 3,000 Inventory 2,700 3,000 Long-term debt 5,400 6,000 Current assets 6,300 7,000 Total liabilities 8,100 9,000 Net fixed assets 11,700 13,000 Equity 9,900 11,000 Total assets 18,000 20,000 Total liab. & equity 18,000 20,000 The income statement for 2016 is also given: Sales Cost Depreciation EBIT Interest Taxes Net income Dividends Amount 48,000 26,400 7,200 14,400 4,800 2,400 7,200 6,480 Attempt 4/6 for 10 pts. Part 3 What was the cash flow to stockholders in 2016? 0+ decimals Previous answers: 380; 5380; 1100 Submit

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