Question
The 2011 balance sheet of Annas Tennis Shop, Inc., showed $550,000 in the common stock account and $4.7 million in the additional paid-in surplus account.
The 2011 balance sheet of Annas Tennis Shop, Inc., showed $550,000 in the common stock account and $4.7 million in the additional paid-in surplus account. The 2012 balance sheet showed $590,000 and $5.1 million in the same two accounts, respectively. If the company paid out $505,000 in cash dividends during 2012, what was the cash flow to stockholders for the year?
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The Oxford Handbook Of Hedge Funds
Authors: Douglas Cumming, Sofia Johan, Geoffrey Wood
1st Edition
0198840950, 978-0198840954
